GUNJAN GARG,DELHI vs. PR. CIT-16, NEW DELHI
Appeal of the assessee is allowed considering the above two aspects and keeping the other aspects open
ITA 1205/DEL/2020[2015-16]Status: DisposedITAT Delhi09 Nov 2020AY 2015-16
Bench: Shri H.S.Sidhu & Shri Prashant Maharishi(Through Video Conferencing) Gunjan Garg, Vs. Pr. Cit-16, C/O. Raj Kumar & Associates Ca, Room No. 101, Drum Shape L-7A(Lgf) South Exten. Part-Ii, New Building, New Delhi Delhi Pan: Aagpg5718B (Appellant) (Respondent) Mukesh Garg, Vs. Pr. Cit-16, C/O. Raj Kumar & Associates Ca, Room No. 101, Drum Shape L-7A(Lgf) South Exten. Part-Ii, New Building, New Delhi Delhi Pan: Aaapg2585Q (Appellant) (Respondent)
For Appellant: Shri Raj Kumar Gupta, CAFor Respondent: Ms. Suniita Singh, CIT DR
Section 111Section 143Section 143(3)Section 245FSection 263Section 54B
house property and purchase of rights of Vimal brand same arguments were raised. Though, assessee also explained these issues.
9. Assessee also submitted that that the case of the assessee for assessment year 2015 – 16 has already been admitted by the Income Tax Settlement Commission (ITSC) u/s 245C (1)/245D
(1) vide order dated 18/12/2019 and therefore the proceedings before