CAPITAL GAIN, Income Tax

[harjinder singh]

for case search in relation to capital gain on sale of house property , the capital gain has not been deposited by the assessee in the capital gain scheme , but has purchased property within stipulated period as perscribes please advise

Posts / Replies

[Padmanathan Kollengode]

In favour:

Division Bench of the Karnataka High Court in CIT, Bangalore v. K Ramachandra Rao 2015 (4) TMI 620 - KARNATAKA HIGH COURT

Venkata Dilip Kumar v. Commissioner of Income-Tax, Chennai 2020 (10) TMI 1163 - MADRAS HIGH COURT

Against assessee:

Humayun Suleman Merchant v. Chief Commissioner of Income-tax, Mumbai 2016 (9) TMI 70 - BOMBAY HIGH COURT

NILOFAR BEGUM VERSUS UNION OF INDIA AND ORS. 2017 (1) TMI 120 - RAJASTHAN HIGH COURT