AMRIK SOKHI ,DELHI vs. ITO WARD-1(4), DELHI

The ld. counsel submitted that having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in confirming the action of Ld. AO in not allowing the benefit of deduction of Rs.1,42,419/- claimed by the assessee u/s 54F and that too by recording incorrect facts and findings and in violation of principles of natural justice and not appreciating/considering the submissions furnished by the assessee and more so when all the necessary conditions have been complied with by the assessee. He further submitted that having regard to the facts and circumstances of the case, Ld. CIT(A) has erred in law and on facts in confirming the action of Ld. AO in not allowing the benefit of deduction of Rs.67,71,823/- claimed by the assessee u/s 54 and that too by recording incorrect facts and findings and in violation of principles of natural justice and not appreciating/considering the submissions furnished by the