MOHAMMAD NAZIM,FATEHPUR vs. ITO, WARD- 2(4), FATEHPUR
ITA 30/ALLD/2023[2014-15]Status: DisposedITAT Allahabad12 Sept 2023AY 2014-15
Bench: Shri Aby T. Varkey & Shri Ramit Kocharassessment Year: 2014-15 Mr. Income Tax Officer, Mohammad Nazim, V. Ward-2(4), Fatehpur, Income Tax 133 Kheldar, Fatehpur-212601,U.P. Office, Fatehpur-212601,U.P. Pan:Agepn3675J (Appellant) (Respondent) Assessee By: Sh. Mayank Arora, Advocate Revenue By: Sh. Amlendu Nath Mishra, Cit-Dr Date Of Hearing: 12.09.2023 Date Of Pronouncement: 12.09.2023 O R D E R
For Appellant: Sh. Mayank Arora, AdvocateFor Respondent: Sh. Amlendu Nath Mishra, CIT-DR
Section 143Section 143(3)Section 50C
200/-(for rate purposes). The case was selected by Revenue for framing limited scrutiny. The assessee derives income from Rainbow Builders as a partner of the firm and capital gain. The reason for selection of case under limited scrutiny was that sale consideration of the property declared in ITR was less than sale consideration of property reported in AIR , which