9911796707
TMI Blog2014 (8) TMI 1193X X X X Extracts X X X X X X X X Extracts X X X X ..... 00% claimed by the Revenue - HELD THAT:- Assessee claimed exemption of payment from Capital Gains Exemption Bonds by investment in the Government bonds. Though the amount was acknowledged, for want of Pan number, bonds were not issued. Though, he rectified the mistake, still he could not get the benefit. In the meanwhile, law was amended imposing limitation to the extent of only ₹ 50 Lakhs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the learned single Judge. In that view of the matter, we do not see any merits in this appeal. - WRIT APPEAL No.5442 of 2013 (T-IT) - - - Dated:- 1-8-2014 - THE HON'BLE Mr.JUSTICE N.KUMAR AND THE HON'BLE Mr.JUSTICE B.MANOHAR For the Appellant : Sri.E.I.SANMATHI, Adv. For the Respondent : Sri.A.SHANKAR Sri.M.LAVA, Advs. JUDGMENT The Revenue has preferred this appeal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... meanwhile, law was amended imposing limitation to the extent of only ₹ 50 Lakhs. The said limit initially was notified by way of a Notification, subsequently, by way of amendment about which the assessee was completely ignorant. After coming to know of the same, he hasdeposited ₹ 50 Lakhs and thereafter he has paid capital gain tax of the balance amount. The demand of interest is for t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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