SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2025 Supreme(Online)(ITAT) 6489

INCOME TAX APPELLATE TRIBUNAL (CHANDIGARH BENCH)
SANJEEV KUMAR MITTAL 3-J BLOCK AREA SHRI GANGA NAGAR-335001 RAJASTHAN – Appellant
Versus
HARISH CHANDER MITTAL ACIT CIRCLE SRIGANGANAGAR CURRENT JURISDICTIONAL AO DCIT CC-II LUDHIANA PUNJAB – Respondent


IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCH “B” CHANDIGARH BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT AND SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER ITA No. 604/Chandi/2024 Assessment Year 2017-18

Sanjeev Kumar Mittal 3-J, Block Area, Shri Ganga Nagar, Rajasthan - 335 001 Vs. Harish Chander Mittal, ACIT Circle Sri Ganganagar Current Jurisdictional AO DCIT CC-II, Ludhiana, Punjab
TAN/ PAN : ABBPM 9387 N
(Appellant) (Respondent)

O R D E R

PER MAHAVIR SINGH – VICE PRESIDENT :

This appeal by assessee is arising out of order of learned Commissioner of Income Tax (Appeals)-5, Ludhiana (hereinafter referred as ‘the CIT(A)’, in Appeal No.10503/Bikaner/IT/CIT(A)-5/Ldh/2019-20 vide order dated 19.03.2024. The assessment was framed by the Assistant Commissioner of Income Tax, Circle Sri Ganganagar under sections 143(3) of the Income Tax Act, 1961 (hereinafter as ‘the Act’) vide order dated 27.12.2019 for Asst. Year

2017-18.

2. The only issue in this appeal of assessee is as regards to the order of CIT(A) confirming the action of the AO in adopting the deemed consideration under section 50C of the Act of the immovable property sold on 20.09.2016 at Rs.1,11,18,800/- and a

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top