Held that though assessee had made payment subsequently, but, he had not utilised capital gain amount lying in capital gain account scheme before specified date. Order of CIT(A) was affirmed. (AY. 2012-13)
Avtar Krishen Jalla v. ITO (2021) 190 ITD 443 / (2022) 216 TTJ 177 / 210 DTR 289 (SMC) (Delhi)(Trib.)
S. 54F : Capital gains-Investment in a residential house-Amount not utilised before specified date-Amount liable too tax. [S. 45, 147]