Tribunal held that once the capital gains shown in the one of the Co-Owner is accepted addition cannot be made in another Co-Owner though accepted u/s 143(1) of the Act. (AY. 2008-09)
Rajeshkumar Shantilal Patel v. ITO (2021) 127 taxmann.com 342 (Surat)(Trib.)
S. 45 : Capital gains-Capital gains accepted in one co-owner-Addition cannot be made in the case of another Co-Owner though accepted u/s. 143(1) of the Act. [S. 50C, 143(1)]