INCOME TAX APPELLATE TRIBUNAL DELHI “G” BENCH: NEW DELHI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER &

SHRI MANISH AGARWAL, ACCOUNTANT MEMBER [Assessment Year : 2008-09]

Ram Kumar Tyagi, vs ITO, SF-86, Shastri Nagar, Ward-2(2), Ghaziabad, U.P. Ghaziabad.

PAN-AHIPT9119Q APPELLANT RESPONDENT Appellant by Mr. Salil Agrawal, Sr. Adv., Mrs. Prem Lata Bansal, Sr. Adv. &

with Shri Shivang Bansal, Adv.

Respondent by Shri Sahil Kumar Bansal, Sr.DR Date of Hearing 21.05.2025 Date of Pronouncement 13.08.2025 ORDER PER MANISH AGARWAL, AM :

The present appeal is filed by the assessee against the order dated 17.02.2016 passed by Ld. Commissioner of Income Tax (A), Ghaziabad [“Ld.CIT(A)”] in Appeal No.097/372/2014-15/GZB/407 u/s 250 of the Income Tax Act, 1961 [“the Act”] arising from the assessment order dated 27.02.2015 passed u/s 143(3)/147 of the Act pertaining to assessment year 2008-09.

2. Brief facts of the case are that the assessee is an individual. AO had information that assessee had received Rs. 8,00,72,200/- as sale consideration as 1/6th share of his family out of total consideration of INR 48,04,33,200/- from the sale of ancestral properties inherited by them. As no return was filed by the