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of <h1>ITAT Jaipur: Deduction of Liability Confirmed for Landed Property Dealer</h1> <h3>INCOME TAX OFFICER. Versus MAHAVIR PROPERTY ENTERPRISES.</h3> INCOME TAX OFFICER. Versus MAHAVIR PROPERTY ENTERPRISES. - TTJ 030, 369, The Appellate Tribunal ITAT Jaipur confirmed the deduction of liability of Rs. 30,000 in each of the two assessment years for the assessee who is a dealer in landed property, following the principles laid down by the Supreme Court. The appeals by the Revenue were dismissed. (Case citation: 1987 (11) TMI 134 - ITAT Jaipur)
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