SH.PAWAN ANAND,DEHRADUN vs. ITO, DEHRADUN
In the result, appeal of the assessee is allowed
ITA 33/DDN/2024[2016-17]Status: DisposedITAT Dehradun23 May 2025AY 2016-17
Bench: Shri Challa Nagendra Prasad & Shri Avdhesh Kumar Mishraिनधा"रणवष"/Assessment Year: 2016-17 बनाम Sh. Pawan Anand, Income Tax Officer, 43, Dhamawala Bazaar, Vs. Ward 1(1)(2), 13-A, Dehradun, Uttarakhand. Subhash Road, Dehradun, Uttarakhand. Pan No.Agqpa0214J अपीलाथ" Appellant ""यथ"/Respondent
Section 143(3)Section 271(1)(c)Section 50C
undisclosed income of the assessee by the Assessing Officer while
completing the assessment. The Assessing Officer also initiated
penalty proceedings for concealed particulars of income and levied
penalty of Rs.2,93,083/-. On appeal the Ld. CIT(A) sustained the
penalty.
3. In our considered view the difference between the stamp
duty value and the actual sale consideration which