LAWS(MAD)-2019-4-125

TMT.D.ZEENATH Vs. INCOME TAX OFFICER

Decided On April 03, 2019
Tmt.D.Zeenath Appellant
V/S
INCOME TAX OFFICER Respondents

JUDGEMENT

(1.) The assessee has filed the present appeal under Section 260A of the Act, challenging the order of the Income Tax Appellate Tribunal, Chennai, in I.T.A.No.659/Mds/2002 dated 16.12.2005, with respect to Assessment Year 1995-1996 dismissing the appeal of the assessee.

(2.) This appeal had been admitted on 23.06.2008, on the following two substantial questions of law:

(3.) The assessee Smt. D.Zeenath along with two other co-owners, namely, Smt. S.A.Kathija Nachial and Smt. Zubaida had originally purchased land measuring 43,596 sq.ft. at Saram Village, Pondicherry, by two sale deeds dated 11.07.1980 and 04.02.1981 for a total consideration of Rs.2,01,000/-.