JANTA LAND PROMOTERS PVT LTD,MOHALI vs. THE PRINICIPAL COMMISSIONER OF INCOME TAX ,CHANDIGARH-1, CHANDIGARH
In the result, appeal of the Assessee is allowed
ITA 618/CHANDI/2025[2020-2021]Status: DisposedITAT Chandigarh29 Oct 2025AY 2020-2021
For Appellant: Shri Pankaj Bhalla, C.AFor Respondent: Shri Manav Bansal, CIT, DR
Section 143(3)Section 194Section 263Section 68
TDS was already deducted at the time of payment to the landowner; no purchase by the assessee triggering s. 194-IA. The Ld. AR had also filed the written submission and has submitted the following legal objections in support of the case of the assessee:
1. Mechanical and Arbitrary Invocation of Section 263 Without
Independent or Minimal Enquiry