SKYLINE DEVELOPERS,PUNE vs. THE INCOME TAX OFFICER, WARD4(50, PUNE
In the result, the appeal of the assessee is partly allowed
ITA 709/PUN/2023[2006-07]Status: DisposedITAT Pune20 Jan 2026AY 2006-07
Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.709/Pun/2023 Assessment Year : 2006-07
For Appellant: Shri Pramod S. ShingteFor Respondent: Shri Amit Bobde
Section 143Section 143(3)Section 147Section 148Section 250Section 80I
penalty proceeding u/s 271(1)(c) of the Act is separately initiated.”
6. Aggrieved assessee preferred appeal before ld.CIT(A).
During the course of appellate proceedings before ld.CIT(A) it was stated that in the year under consideration the project was not commenced and only a Joint Venture Agreement was entered. However, the assessee grossly erred in treating the stamp
