UDAI CHAND CHOPRA,GUWAHATI vs. INCOME TAX OFFICER, WARD-2(2), GUWAHATI
In the result, the appeal filed by the assessee is allowed for statistical purposes
ITA 55/GTY/2019[2014-15]Status: DisposedITAT Guwahati13 Mar 2023AY 2014-15
Bench: Shri Manish Borad & Shri Sonjoy Sarmai.T.A. No.55/Gty/2019 Assessment Year: 2014-15 Udai Chand Chopra……….......…..…………....................……….……Appellant C/O Kamal Kumar Golchha, Room No.10, Ram Kumar Plaza, 2Nd Floor, Chatribari Road, Guwahati-781001. [Pan: Abqpc9800P] Vs. Ito, Ward-2(2), Guwahati ……..…............…….......................…..…..Respondent Appearances By: Shri S. P. Bhati, Fca, Appeared On Behalf Of The Appellant. Shri N.T Sherpa, Jcit-Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : February 27, 2023 Date Of Pronouncing The Order : March 13, 2023 Order Per Manish Borad: This Appeal At The Instance Of The Assessee Pertaining To The Assessment Year (In Short “Ay”) 2014-15 Is Directed Against The Order Of The Commissioner Of Income Tax (Appeals), Guwahati-1, Guwahati [In Short Ld. “Cit(A)”] Dated 31.12.2018 Which Is Arising Out Of The Order U/S 144 Of The Assessing Officer Dated 23.12.2016. 2. The Assessee In This Appeal Has Taken The Following Grounds Of Appeal:
Section 143(2)Section 144
144 of I.T. Act, 1961. 2. For that the learned Assessing Officer is not justified in making addition of Rs.42,75,000/-
(50%
of Rs.85,51,000/-)
(72,00,000/-
+13,51,000/-) as income from undisclosed source which is in fact on account of sale of ancestral agricultural land fully reflected in the ROI.
I.T.A. No.55/GTY/2019
Assessment Year
