In the result, appeal of the assessee is allowed in part
Bench: Shri R.C. Sharma & Shri Sandeep Gosainsatya Narayan Choudhary, Vs A.C.I.T., 58, Gokulpura, North Ayad, Central Circle-1, Udaipur-313001. Udaipur. (Appellant) (Respondent) Pan No. Aappc 9260 P Satya Narayan Choudhary, Vs A.C.I.T., 58, Gokulpura, North Ayad, Central Circle-1, Udaipur-313001. Udaipur.
153A of the Income-tax Act, 1961 [hereinafter referred to as ‘the Act’, for short]. 2 ITA 266 & 392/Jodh/2019 Satya Nr. Choudhary Vs ACIT 2. Firstly we take ITA No. 392/Jodh/2019 for the A.Y. 2017- 18. Rival contentions have been heard and record perused. Facts in brief are that the assessee is engaged in the business of real estate, earning