FIROJ AHMAD ,LUCKNOW vs. ITO-1(4), LUCKNOW
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 264/LKW/2024[2017-18]Status: HeardITAT Lucknow26 Nov 2024AY 2017-18
Bench: Shri Kul Bharat & Shri Anadee Nath Misshraassessment Year: 2017-18 Firoz Ahmad Income Tax Officer-1(4) V. B-1174, Indira Nagar, Pratyaksh Kar Bhawan, Lucknow-226016. Lucknow-226001. Pan:Adypa2072K (Appellant) (Respondent) Appellant By: None (Adj. Application Filed) Respondent By: Shri Sanjeev Krishna Sharma, Addl. Cit(Dr) Date Of Hearing: 14 11 2024 Date Of Pronouncement: 26 11 2024 O R D E R
For Appellant: None (Adj. Application filed)For Respondent: Shri Sanjeev Krishna Sharma, Addl
Section 48Section 50CSection 54
48 of the Income
Tax Act 1961. 6. That the learned Commissioner of Income Tax (Appeals) NFAC, Delhi has erred in law and on facts and circumstances of the case in confirming the disallowance of Exemption claimed u/s 54 of the Income Tax Act
1961amounting to Rs1,03,26,884/-.
7. That the learned Commissioner of Income Tax (Appeals) NFAC
