Income Tax Appeal No. 2483 of 2011. Case: Commissioner of Income Tax Vs Devdas Naik. High Court of Bombay (India)

Case NumberIncome Tax Appeal No. 2483 of 2011
CounselFor Appellant: Abhay Akuja, Adv. and For Respondents: Ajay R. Singh, Adv.
JudgesS. C. Dharmadhikari and B. P. Colabawalla, JJ.
IssueIncome Tax Act, 1961 - Section 54
Citation2014 (366) ITR 12 (Bom)
Judgement DateJune 10, 2014
CourtHigh Court of Bombay (India)

Judgment:

  1. The appeal questions the order passed by the Income-tax Appellate Tribunal confirming that of the Commissioner of Income-tax (Appeals). The concurrent finding of fact in relation to the assessment year 2007-08 is questioned on the ground that the claim of deduction under section 54 of...

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