IN THE INCOME TAX APPELLATE TRIBUNAL “DB” BENCH, AGRA BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER &

SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER ITA No. 116/Agr/2019 (Assessment Year 2015-16)

Ravi Verma Vs. ACIT, 1/125, Professors Circle-2(1)(1)

Colony, Delhi Gate Aayakar Bhawan, Agra, Uttar Pradesh Sanjay Palace Agra, Uttar Pradesh (cid:725)ायीलेखासं./जीआइआरसं./PAN/GIR No: AATPV4916B Appellant .. Respondent Appellant by : Sh. Pankaj Gargh, Adv.

Respondent by : Sh. Shailender Shrivastava, Sr. DR Date of Hearing 10.02.2025 Date of Pronouncement 10.02.2025

O R D E R

PER SATBEER SINGH GODARA, JUDICIAL MEMBER:

This assessee’s appeal for assessment year 2015-16 arises against Commissioner of Income Tax (Appeals)-2 [in short, the “CIT(A)”] Agra’s in case No. 312/CIT(A)-2/Agra/ACIT-2(1)/Agra/2017-18 dated 15.02.2019, in proceedings under Section 143(3) of the Income Tax Act, 1961, [hereinafter referred to as ‘the Act’].

2. Heard both the parties at length. Case file perused.

3. It emerges during the course of hearing that the sole substantive issue which has arisen between the parties in the assessee’s instant appeal is that of taxability of the compensation amount in furtherance to his lan