Case Law Details
Case Name : Urmila Madhukar Ved Vs ITO (ITAT Pune)
Related Assessment Year : 2010-11
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Urmila Madhukar Ved Vs ITO (ITAT Pune)
This appeal by the assessee emanates from the order passed by the CIT(Appeals)-7, Pune on 11-09-2019 in relation to the assessment year 2010-11.
2. The only issue raised in this appeal is against the denial of exemption u/s.54 of the Income-tax Act, 1961 (hereinafter also called ‘the Act’) because of purchasing a new house in the name of the assessee’s son.
3. Succinctly, the facts of the case are that the assessee sold an immovable prope
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