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2021 (9) TMI 1244 - AT - Income TaxCapital gain - year of assessment - CIT-A holding 50% of the sale consideration received in the year under consideration is chargeable to tax - HELD THAT:- As the issue raised is similar to the facts therein in the case of Shri Rajendra S. Goel [2017 (1) TMI 1765 - ITAT PUNE] and applying the principle laid down by the ITAT Pune Benches deleted the addition made by the AO by holding the capital gain is chargeable to 50% of the consideration which has been received in the year under consideration. CIT(A) discussed the issue in detail and we find no dispute with appellant-Revenue regarding the receipt of 50% of sale consideration by the assessee in the year under consideration. There is no order contrary to the view taken by the ITAT Pune Benches in the case of Shri Rajendra S. Goel brought on record and therefore, we find no infirmity in the order of CIT(A) and it is justified. Appeal of Revenue is dismissed.
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