2014 (7) TMI 1209

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.... Appellant by : Shri T. Banusekar, CA Respondent by : Shri Shaji P. Jacob, Addl. CIT O R D E R PER A.MOHAN ALANKAMONY , ACCOUNTANT MEMBER: This appeal is filed by the assessee, against the order of the Commissioner of Income Tax-IX, Chennai dated 28.03.2013 in ITA No.324/11-12, passed u/s 250 (6) of the Income-tax Act, 1961. 2. The assessee has raised 11 grounds in his appeal and th....

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....s. (5) For that the Commissioner of Income Tax (Appeals) failed to appreciate that the provisions of section 50C are not invocable in the facts and circumstances of the case . (6) For that the Commissioner of Income Tax (Appeals) failed to appreciate that the property was transferred as per the sale agreement dated 24.10.2005 and that the appellant had received her share of sale ....

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.... valuation purposes was taken as the value of the property without making a reference to the District Valuation Officer. (11) For that the full value of consideration was taken at rs 5,97,38,185/- without allowing any deductions permissible under law. 3. The late assessee is an individual had filed the return of income for the assessment year 2009-10 on 21.2.2011 declaring her taxable ....