ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), BENGALURU vs. HIREHAL JAIRAJ BALRAM, BENGALURU
In the result, appeal filed by the assessee is allowed for statistical\npurposes
ITA 1961/BANG/2025[2020-21]Status: FixedITAT Bangalore18 Dec 2025AY 2020-21
Section 139(5)Section 143(1)Section 144Section 147Section 148Section 2(47)Section 50C
reassessment proceedings, the\nassessee had submitted photographs showing that the\nproject was still under construction, which substantiates\nthat the transaction was not complete. Therefore, we hold\nthat the addition of Rs.1,71,13,333/- made by the Ld. AO\nand sustained by the Ld. CIT(A) is unsustainable. The same\nis directed to be deleted.\n(iii) Sunil Kumar