POOJA VIKRAM CHUGH,BANGALORE vs INCOME TAX OFFICER, WARD-2(2)(1), BANGALORE

Income Tax Appellate Tribunal, “B” BENCH : BANGALORE

For Appellant: Shri. Siddesh Nagaraj Gaddi, CA.

For Respondent: Shri. Ganesh R Gale, Advocate, Standing Counsel for Department.

Hearing: 18.12.2024Pronounced: 17.02.2025

Per Laxmi Prasad Sahu, Accountant Member This appeal is filed by the assessee against the Order passed by the National Faceless Appeal Centre (NFAC) [DIN and Order No.ITBA/NFAC/S/250/2024-25/1067847089 (1)] dated 21.08.2024. 2. Briefly stated, the facts of the case are that assessee filed return of income on 30.07.2014 for the captioned Assessment Year. Subsequently, as per the information available with the Department, assessee purchased property bearing Survey No.13/4 and Survey No.13/5 situated at Sonnapanahalli, Village : Jalhobli, Bengaluru, from Smt. G. Shridevi on 04.02.2024 along with four other family members. As per the registered sale Page 2 of 4 deed, the total sale consideration paid for the said property was shown at Rs.2,02,00,000/-, whereas, as per registration charges collected by the Sub

POOJA VIKRAM CHUGH,BANGALORE vs. INCOME TAX OFFICER, WARD-2(2)(1), BANGALORE