SRI AMITAVA BANERJEE,DURGAPUR vs. DCIT, CIRCLE-2, KOLKATA, DURGAPUR

In the result, the appeal of the assessee is partly allowed

Bench: Hon’Ble Shri P.M. Jagtap] I.T.A. No. 567/Kol/2017 Assessment Year : 2010-11 Shri Amitava Banerjee.............................……………………………………………..Appellant C/O. V.N. Purohit & Co., Chartered Accountants, A-4, Nandalal Bithi, City Centre, Ground Floor, Durgapur – 713 216 [Pan : Ahnpb 7336 E] D.C.I.T., Cir - 2...................………………………………………………......................Respondent Aayakar Bhawan, Aayakar Bithi, Durgapur – 713 216 Appearances By: Shri V.N. Purohit, Ca Appearing On Behalf Of The Assessee. Shri Soumyajit Dasgupta, Addl. Cit Appearing On Behalf Of The Revenue. Date Of Concluding The Hearing : November 01, 2017 Date Of Pronouncing The Order : January 05, 2018 Order This Appeal Filed By The Assessee Is Directed Against The Order Of Ld. Cit (Appeals), Durgapur Dated 18.01.2017 & The Grounds Raised By The Assessee Therein Read As Under: “1. That The Cit(A) Has Erred Both In Law & On Facts, In Not Giving Any Decision On Ground No 1 Which Read As Follows: I. That The Notice Issued U/S 148 Is Bad In Law & On The Facts & Circumstances Of The Case. 2. That The Cit(A) Has Likewise Erred In Making An Addition Of Rs. 23,77,816/- (Wrongly Stated In Ground As Rs. 13,90,737/-) Being Profit On Sale Of Agricultural Land. 3. That The Cit(A) Has Likewise Further Erred In Confirming Following Adhoc Disallowances Made By Assessing Officer. (A) Out Of Car Expenses Rs. 25,000/- (B) Out Of Maintenance Cost Of Officer Equipment Rs. 50,000/- (C) Expenses On Staff Training Rs. 88,400/- (D) Loss On Sale Of Asset Rs. 34,679/-