RAMESH KUMAR,NEW DELHI vs. INCOME TAX OFFICER, WARD-3, PANCHKULA
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 745/CHANDI/2023[2009-10]Status: DisposedITAT Chandigarh26 Nov 2024AY 2009-10
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)
For Appellant: Shri Parikshit Aggarwal, CAFor Respondent: Smt. Kusum Bansal, CIT DR
Section 142(1)Section 143(3)Section 144Section 148Section 250
section 144 was also issued to the assessee, however in absence of any explanation/submission filed by the assessee, the AO proceeded and completed the assessment proceedings stating that since the assessee has not furnished any explanation in respect of the sale of the property amounting to Rs.
3,15,00,000/- and has not provided the detail of capital gains
