DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE)-1(4), AHMEDABAD, AHMEDABAD vs. DEEP INFRAPROJECTS LLP, AHMEDABAD
In the result, the appeal filed by the Revenue is dismissed
ITA 1561/AHD/2024[2021-22]Status: DisposedITAT Ahmedabad29 Jan 2025AY 2021-22
Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. No. 1561/Ahd/2024 ("नधा"रण वष" / Assessment Year : 2021-22) Deputy Commissioner Of Vs. Deep Infraprojects Llp 10Th Floorhouse, Income Tax Central Circle-1(4), Nr. Ambawadi Circle, Ahmedabad Ambawadi, Ahmedabad- 380006 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaqfd3530J (Appellant) .. (Respondent) अपीलाथ" ओर से /Appellant By : Shri Vartik Choksi, Shri Dhrunal Bhatt & Shri Gulab Thakor, A.Rs. ""यथ" क" ओर से/Respondent By : Shri Arvind Kumar, Cit. Dr 22/01/2025 Date Of Hearing Date Of Pronouncement 29/01/2025 O R D E R Per Shri Narendra Prasad Sinha, Am: This Appeal Is Filed By The Revenue Against The Order Of The Commissioner Of Income Tax (Appeals)- 11, Ahmedabad (In Short ‘The Cit(A)’), Dated 05.07.2024 For The Assessment Year 2021-22. 2. The Brief Facts Of The Case Are That The Assessee Had Purchased A Land Situated At Ambli Road, Ahmedabad During The Year For A Consideration Of Rs.75 Crore, As Per The Executed Sale Deed. In The Course Of Search Conducted At The Residential Premises Of One Shri Divyang Vyas, Certain Documents Were Found, As Per Which It Transpired That Certain On-Money Was Paid In The Purchase Transaction Of This Land. In The Course Of
For Appellant: Shri Vartik Choksi, Shri DhrunalFor Respondent: Shri Arvind Kumar, CIT. DR
Section 69B
House,
Income Tax
Central Circle-1(4),
Nr. Ambawadi Circle,
Ahmedabad
Ambawadi, Ahmedabad-
380006
"थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAQFD3530J
(Appellant)
..
(Respondent)
अपीलाथ" ओर से /Appellant by :
Shri Vartik Choksi, Shri Dhrunal
Bhatt & Shri Gulab Thakor, A.Rs.
""यथ" क" ओर से/Respondent by :
Shri Arvind Kumar, CIT. DR
22/01/2025
Date of Hearing
Date of Pronouncement
29/01/2025