In the result, the appeal of the assessee is allowed

Bench: Sh. N. K. Sainiita No. 123/Pat./2017 : Asstt. Year : 2010-11 Rajeev Ranjan, Vs Income Tax Officer, S/O Sita Ram Singh, Garhpar, Ward-2(3), Bihar Sharif, Nalanda-803101 Bihar Sharif (Appellant) (Respondent) Pan No. Agcpr5450R Assessee By : Sh. A. K. Rastogi & Sh. Rakesh Kumar, Advs. Revenue By : Sh. Abhay Kumar, Sr. Dr Date Of Hearing : 14.03.2018 Date Of Pronouncement : 16 .03.2018 Order This Is An Appeal By The Assessee Against The Order Dated 30.06.2017 Of Ld. Cit(A)-1, Patna.

2 Rajeev Ranjan 6. For that the ld. CIT(A) has erred in affirming addition of Rs.5,58,970/- on account of alleged investment in purchase of immovable property (land) which already stood disclosed in the balance sheet filed along with the return. 7. For that the sustenance of addition of Rs.5,58,970/- is wrong, illegal and unjustified