Income Tax Officer, Ward-1, Panipat. Vs. Santosh Ahlawat
Case No: ITA No.1771/Del/2020
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘G’: NEW DELHI
Date: 2/19/2025
Parties Involved
appellantIncome Tax Officer, Ward-1, Panipat
respondentSantosh Ahlawat
Facts Summary
The assessee, Santosh Ahlawat, filed her return of income on 16/03/2017 declaring a total income of Rs.2,39,090/-. The case was selected for scrutiny, and it was found that the assessee sold immovable property for Rs.11,00,00,000/- but did not declare the sale proceeds in her return. The Assessing Officer (AO) sought clarification, and the assessee submitted that the land was situated beyond 8 K.M from the Municipal Limit of Panipat, hence it was agriculture land and not a capital asset. The AO …
Decision in favour of
Revenue
Legal Issues
- 1. Whether the Ld. CIT(A) was right in deleting the addition of Rs.9,63,15,593/- made on account of Long Term Capital Gain.
- 2. Whether the Ld. CIT(A) was right in allowing the appeal of the assessee by holding that there is no notification to calculate the distance as per crow's flight.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
5 precedents cited in this judgement.