SIMLA CHEMICALS PVT LTD.,DELHI vs. DCIT, CIRCLE-22(2), DELHI
Income Tax Appellate Tribunal, DELHI BENCH ‘G’, NEW DELHI
Before: Sh. Satbeer Singh Godara & Sh. S. Rifaur Rahman
Per Satbeer Singh Godara, Judicial Member:
This assessee’s appeal for Assessment Year 2018-19, arises against the CIT(A)/NFAC, Delhi’s DIN & order No.
ITBA/NFAC/S/250/2024-25/1074119604(1) dated 06.03.2025, in proceedings u/s 143(3) of the Income Tax Act, 1961 (in short “the Act”).
Heard both the parties at length. Case file perused.
Coming to the sole substantive issue between the parties herein, it emerges that the assessee/appellant is aggrieved against both the learned lower authorities’ action adding the alleged long term capital gains of Rs.3,99,18,000/- in it’s hands as derived from sale of property, in assessment order Simla Chemicals Pvt. Ltd. 2 dated 28.09.2021 and upheld in the lower appellate discussion, learned counsel invites our attention to the assessee’s petition under Rule 29 of the Income Tax (Appellate Tribunal) Rules dated 30.08.2025 inter alia seeking to place on record it’s application dated 19.03.2025 submitted to Deputy Inspector General,