RASID KHAN,BHUBANESWAR vs. ITO, WARD-1(4), BHUBANESWAR
In the result, appeal of the assessee is dismissed
ITA 77/CTK/2018[2008-09]Status: DisposedITAT Cuttack20 Jan 2020AY 2008-09
Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.77/Ctk/2018 (नििाारण वषा / Assessment Year : 2008-2009) Mr.Rasid Khan, Vs. Ito, Ward-3(4), Flat No.A-3/5, Bhubaneswar Chandrama Apartment, Unit-3, Kharvel Nagar, Bhubaneswar-751001 स्थायी लेखा सं./Panno. : Aefpk 0922 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. ननधाारिती की ओर से /Assessee By : Shri Natabar Panda, Advocate िाजस्व की ओर से /Revenue By : Shri Subhendu Dutta, Dr सुनवाई की तािीख / Date Of Hearing : 19/11/2019 घोषणा की तािीख/Date Of Pronouncement : 20/01/2020 आदेश / O R D E R Per L.P.Sahu, Am: This Appeal Filed By The Assessee Against The Order Of Cit(A)-2, Bhubaneswar, Dated 10.11.2017 For Assessment Year 2008-2009, On The Following Grounds :- 1) For That The Orders Of The Forums Below Are Illegal, Arbitrary, Unjust & Excessive In The Facts & Circumstances Of The Case. 2) For That The Learned Cit(A) Should Have Allowed The Appeal In Full, But In Twisting The Facts He Has Allowed The Appeal In Part, Which Is Liable To Be Modified/Set-Aside. 3) For That The Appellant Has Got Sufficient Source To Explain The Investment Of Rs.25,78,715/-,But The First Cit(A) Allowed Rs.5,00,000/- & Second Cit(A) Allowed Rs. 12,38,363, Thus Totaling Rs.17,38,363/-, Hence The Balance Rs.8,40,352/- Being Explainable Should Be Allowed In Toto. 4) For That Out Of Total Addition Of Rs.20,75,715/-, Which Remained For Consideration Of The Learned Cit(A), He Allowed Only Rs.12,38,363/- Although All The Material Facts Were Before Him, Hence For Explaining The Balance Of Rs.8,40,352/- The Appeal Is Liable To Be Set-Aside.
For Appellant: Shri Natabar Panda, AdvocateFor Respondent: Shri Subhendu Dutta, DR
Section 142(1)Section 147Section 148Section 69
reassessment at an income of Rs.27,78,340/-. Against this order the
assessee filed appeal before the CIT(A) and he partly allowed the
appeal of the assessee. Aggrieved from the order of CIT(A), the
assessee preferred appeal before the Income Tax Appellate Tribunal.
The coordinate bench of the Tribunal has decided the case
