2019 (8) TMI 1960

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....venue : Shri H.N.Singh ORDER PER M. BALAGANESH (A.M): This appeal in ITA No.602/Mum/2018 for A.Y.2010-11 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-33, Mumbai in appeal No.CIT(A)-33/Rg.23/71/2013-14 dated 09/06/2017 (ld. CIT(A) in short) against the order of assessment passed u/s.144 of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 12/03/2013....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he claim of deduction u/s.54 in respect of reinvestment in new property was restricted to the extent of long term capital gains in the said return of income filed. These facts are available in page 16 of the paper book containing entire set of return of income. The assessee even though received sale consideration of Rs.55 lakhs from old property had not used the same for re-investment in new prope....