DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), NAGPUR vs M/S. SHREE SHAKTI REALTORES & INFRA, NAGPUR

Income Tax Appellate Tribunal, NAGPUR BENCH, NAGPUR

Before: SHRI V. DURGA RAO & SHRI K.M. ROY, ACCOUNTANT, MEMBER

For Appellant: Shri Suren Duragkar, CA

For Respondent: Shri Abhay Y. Marathe, Sr. DR

Date of Hearing – 29/07/2024 Date of Order – 31/07/2024

O R D E R PER K.M.ROY, A.M.

The present appeal has been preferred by the department challenging the impugned order dated 29/03/2023, passed under section 250 of the Income Tax Act, 1961 ("the Act") by the learned Deputy Commissioner of Income Tax, Central Circle-2(1), Nagpur [“learned DCIT”], for the assessment year 2019-20. 2. The grounds of appeal raised by the department are as follows:

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), NAGPUR vs. M/S. SHREE SHAKTI REALTORES & INFRA, NAGPUR