IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, AHMEDABAD BEFORE SHRI TR SENTHIL KUMAR, JUDICIAL MEMBER AND SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER ITA No. 814/AHD/2025 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13 Assessment Year: 2012-13

O R D E R

PER NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER:

This appeal is filed by the assessee against the order of National Faceless Appeal Centre(NFAC), Delhi [hereinafter referred to as ‘CIT(A)’], dated 28.03.2025 for the Assessment Year (A.Y.) 2012-13 in the proceeding u/s 143(3) of the Income Tax Act.

2. The brief facts of the case are that the assessee had filed his return of income for A.Y. 2012-13 on 30.07.2011 declaring total income of Rs. 85,860/-. The case was taken up for scrutiny. In the course of assessment, the AO found that the assessee had purchased a piece of land on 21.01.2011 at a cost of Rs.30 Lakhs, which was sold on 24.11.2011 for a consideration of Rs.35 Lakhs. The gain derived by the assessee on