RAJIV KUMAR BHUTRA,BANGALORE vs. THE INCOME TAX OFFICER, WARD- 5(2)(4), BANGALORE
In the result appeal filed by assessee stands allowed for statistical purposes
ITA 48/BANG/2021[2013-14]Status: DisposedITAT Bangalore08 Oct 2021AY 2013-14
Bench: Shri Chandra Poojari & Smt Beena Pillaiita. No. 48/Bang/2021 Assessment Year: 2013-14 Shri Rajiv Kumar Bhutra, No. 3, 3Rd Cross, The Income Tax Officer, Mysore Road, Ward – 5 (2) (4), Bangalore – 560 026. Bangalore. Vs. Pan: Aakpb9339F (Appellant) (Respondent) For Assessee: Shri Nitish Ranjan, Ca For Revenue : Smt. H. Kabila, Addl. Cit (Dr) Date Of Hearing : 27.08.2021 Date Of Pronouncement : 08.10.2021 Order Per Beena Pillai, Jm. Present Appeal Is Filed By The Assessee Against Order Dated 09/01/2018 Passed By The Ld.Cit(A)-5, Bangalore. 2. The Ld.Ar Submitted That, There Is A Delay In Filing Present Appeal Before This Tribunal Amounting To 1045 Days. 3. We Note That Assessee Has Not Filed Any Application For Condonation Of Delay & Affidavit In Support Explaining The Delay Of 1045 Days In Filing The Present Appeal. The Ld.Ar At The Time Of Hearing Relied On Order Passed By Coordinate Smc Bench Of This Tribunal For Assessment Year 2014-15 In Assesses Own Case In Support.
For Appellant: Shri Nitish Ranjan, CAFor Respondent: Smt. H. Kabila, Addl. CIT (DR)
condone the delay in filing both the appeals under consideration and admit them.
5. The solitary issue urged in both the appeals relate to assessment of longterm capital gain arising on sale of shares as income of the assessee rejecting the claim of long term capital gain.
6. The assessee Shri Sanjiv Bhutra had purchased 6000 shares of Cresanda
Sales
