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2025 Supreme(Online)(ITAT) 6353

INCOME TAX APPELLATE TRIBUNAL (CHANDIGARH BENCH)
Vikram Singh Yadav, AM, Paresh M. Joshi, JM
Shri Krishna Kumar Jalan – Appellant
Versus
Commissioner of Income Tax (Appeals) – Respondent


Advocates:
For the Appellants/Petitioners: Shri P.K. Prasad, Ms. Sadhvi Himatsingka
For the Respondents: Dr. Vivek Vardhan

Table of Content
1. appeal filed by assessee under income tax act (Para 1 , 2)
2. arguments presented by the assessee (Para 4)
3. final judgment and order by the court (Para 7 , 8)

आदेश/Order

PER PARESH M. JOSHI, J.M. :

This is an appeal filed by the Assessee under section 253 of the Income Tax Act, 1961 (hereinafter referred to as Act) as and by way second appeal before this Tribunal. The Assessee is aggrieved by the order dt. 29/03/2010 passed in First Appeal No. 111/HSR/2016-17 which pertains to the assessee. The order dt. 29/03/2010 is passed by Commissioner of Income Tax (Appeals) u/s250(6) of the Act which is hereinafter referred to as the “impugned order”. The relevant AY is 2014-15 and the corresponding previous year period is from 01/04/2013 to 31/03/2014.

2. Factual Matrix Proceedings before AO

2.1 The assessee derived income from salary, business income from partnership firms, capital gains and income from other sources during the financial year ending 31/03/2014 relevant to the A.Y.2014-15.

2.2 That theassessee filed return of income for the A.Y 2014-15 on 29/04/2015 declaring a total income of Rs. 8,58,360/-.

2.3 That the case of the assessee was selected through CASS system o

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