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2024 (5) TMI 1011 - ITAT JABALPURAddition u/s 43CA - difference between the sale consideration and the market value of the property - AO held that the unregistered agreement of sale cannot be recognized in the Court of law and also held in certain cases, the parties from whom the advances received are not the same parties to whom the registration has been done - HELD THAT:- We hold that the assessee is entitled for benefit of provision of section 43CA (3) in respect of plots booked in Financial Years 2009-10, 2010-11 and 2013-14. Further, we also direct that the AO shall re-compute the profits, taking into consideration, the complete details, registry regarding sale of plot year wise and accord the benefit of Section 43CA.
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