IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’: NEW DELHI BEFORE SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER and SHRI SUDHIR KUMAR, JUDICIAL MEMBER ITA No.883/DEL/2021, A.Y. 2010-11 ITA No.884/DEL/2021, A.Y. 2011-12 Sh. Chandra Prakash Goel vs. Pr. CIT Prop. M/s Chandra Bricks Field, Ghaziabad Village Dhanaura, Uttar Pradesh Hapur-245 101, Uttar Pradesh (PAN : AATPG4288R)

(APPELLANT) (RESPONDENT)

ASSESSEE BY : Dr. Rakesh Gupta, Advocate Shri Saksham Agarwal, Advocate REVENUE BY : Ms. Monika Singh, CIT- DR Date of Hearing: 05.01.2026 Date of Order : 06.03.2026

ORDER

PER S.RIFAUR RAHMAN,AM:

1. The assessee has filed appeal against the order of the Learned Pr. Commissioner of Income-Tax, Ghaziabad [“Ld. CIT(A)”, for short] dated 08.03.2021 for the Assessment Year 2010-11 and 2011-12 passed under section

263 of the Income-tax Act, 1961 (for short ‘the Act’).

2. Both the appeals are interconnected having common issues. Both the appeals are heard together and disposed off by this common order. We take the lead appeal as ITA NO. 883/Del/ 2021 (AY 2010-11)

3. Brief facts of the case are that, the assessee converted his agricultural land into residential plots, built service road and sold these