2025 (2) TMI 1707

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.... Sandipkumar Salunke ORDER PER K.M. ROY, A.M. This appeal by the assessee is emanating from the impugned order dated 29/07/2024, passed by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, ["learned CIT(A)"], for the assessment year 2014-15. 2. In its appeal, the assessee has raised following grounds:- "(1) That the notice issued u/s 143....

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.... case, both the lower authorities failed to appreciate that the house purchased was an old house and renovation was made to make it habitable which is supported by evidence. (3) That for any other ground with kind permission of your honour at the time of hearing of appeal." 3. During the course of hearing, the learned Authorised Representative appearing for the assessee submitted that ....

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.... (sec. 50C)   2,43,75,000 Less: Indexed Cost of Acquisition (235200 x 939/100) (Cost as on 01/04/1981 - Rs. 2,35,000   22,08,528 Indexed Cost of improvement in 1981-82 (1,02,450 x 939 / 100) 9,62,006   Indexed Cost of improvement in 1983-84 12,00,463   Indexed Cost of improvement in 1990-91 (1,48,300 x 939/116)     Indexed ....

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....f note upon the dispute in hand to buttress his submissions. He further submitted following evidences before us for consideration. Sr. No. Name of Document 1. Computation of Long Term Capital Gain 2. Sale Deed Dated 16/01/2014 for Rs. 1,62,50,000 (To Dilip & Jagruti Doshi) 3. Sale Deed Dated 16/01/2014 for Rs. 81,25,000 (To Laxminarayan & Chanchal Sharma) 6. The learned ....