NITIN GUPTA,NEW DELHI vs. ITO WARD - 34(4), NEW DELHI
In the result, the appeal filed by the assessee is partly allowed
ITA 9223/DEL/2019[2016-17]Status: DisposedITAT Delhi04 Oct 2021AY 2016-17
Bench: Shri R.K. Pandaassessment Year: 2016-17 Nitin Gupta, Vs. Ito, C-1/23, Ashok Vihar Phase-Ii, Ward-34(4), New Delhi. New Delhi. Pan: Aeapg4313C (Appellant) (Respondent) Assessee By : Shri Rohit Tiwari, Advocate Revenue By : Shri R.K. Gupta, Sr. Dr Date Of Hearing : 26.08.2021 Date Of Pronouncement : 04.10.2021 Order
For Appellant: Shri Rohit Tiwari, AdvocateFor Respondent: Shri R.K. Gupta, Sr. DR
Section 5Section 95
House Property by rejecting the submissions and documentary evidence filed before Ld. A.O. The addition made is arbitrary and bad in law, therefore, Liable to be quashed.
3. That the Ld. CIT (A) erred on facts and circumstances of the case in confirming the addition made by Ld. AO of Rs. 9,93,000 by treating the loan taken from