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Case Law Details

Case Name : Vinay Ramchandra Somani Vs ACIT (ITAT Mumbai)
Appeal Number : ITA no. 3642/Mum./2017
Date of Judgement/Order : 01/06/2021
Related Assessment Year : 2012-13
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Vinay Ramchandra Somani Vs ACIT (ITAT Mumbai)

We notice that the assessee has sold the residential land and entered into a separate deal with the buyer for allotment of a flat in the up–coming project. The part sale consideration received by the assessee as payment in kind. In

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