SHREE PRAKSH SINGH,GURGAON vs. INCOME TAX OFFICER, WARD-1, DIGBOI
In the result, the appeal of the assessee is allowed
ITA 14/GTY/2019[2012-13]Status: DisposedITAT Guwahati09 Oct 2020AY 2012-13
Bench: Shri A. T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.14/Gau/2019 ("नधा"रणवष" / Assessment Year:2012-13)
For Appellant: Shri S. P. Bhati, A.RFor Respondent: Shri Amitava Sen, JCIT, Sr. D.R
Section 143(2)Section 143(3)Section 147Section 148Section 50CSection 50C(1)
section 50C.
3. For that the learned Assessing Officer has grossly erred in facts and in law in making an addition of Rs. 5,50,17,042/- in complete disregard to the actual sale price realized by the assessee without any evidence of the receipt of the alleged sales consideration by the assessee.
4. For that the learned Assessing Officer
