SHYAMENDRA KUMAR,PATNA vs. ITO WARD 6(5), PATNA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishrai.T.A. No.332/Pat/2023 Assessment Year: 2011-12 Shyamendra Kumar..… ……….. ……..……………………....Appellant Sahay Nagar, Jalalpur, Bailey Road, Patna-801506. [Pan: Akmpk4312R] Vs. Ito, Ward-6(5), Patna……. ….…….…............................…..…..... Respondent Appearances By: None Appeared On Behalf Of The Appellant. Shri Ashwani Kr. Singal, Jcit, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : December 16, 2024 Date Of Pronouncing The Order : December 17, 2024 आदेश / Order Per Sonjoy Sarma: The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 21.09.2023 Of The National Faceless Appeal Centre [Hereinafter Referred To As ‘Cit(A)’] Passed U/S 250 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’). 2. Brief Facts Of The Care Are That The Assessee Is An Individual Who Entered Into A Land Development Agreement With M/S Laliteshwar Builder, Patna In The Financial Year 2010-11 Relevant To Assessment Year 2011-12. However, The Assessee Failed To File Any Return Of Income For The Relevant Assessment Year, Consequently, A Notice U/S 148 Of The Act Was Issued On 28.03.2018 To Bring To Tax The Income Pertaining To Capital Gains Arising Out Of The Transactions Of The Land Development Agreement. Subsequently, A Notice U/S 143(2) Of The Act Was Issued, However, There Was No Compliance From The Assessee. Due To This Non-

583/- on account of long-term capital gain. 3. Aggrieved by the above assessment order, the assessee preferred an appeal before the ld. CIT(A). The ld. CIT(A) issued multiple notices to the assessee on different dates i.e. 05.02.2021, 03.11.2022, 03.05.2023, 24.08.2023, 04.09.2023 and 12.09.2023 but the assessee failed to appear or respond before the ld. CIT(A). Even