IN THE INCOME TAX APPELLATE TRIBUNAL PATNA BENCH VIRTUAL BENCH AT KOLKATA Before Shri Rajesh Kumar, AccountantMember and Shri Pradip Kumar Choubey, JudicialMember Assessment Year: 2014-15 Pancham Singh….………......……..………………….……….……….……Appellant Udaini, PO- Mittanchak, Punpun, Gopalpur, Patna Bihar – 804453.

[PAN: LASPS3469J]

vs.

ITO, Ward-6(3), Patna..……..……...…………………….....……...…..…..Respondent Appearances by:

Shri Alok Kumar, Advocate,appeared on behalf of the appellant.

Shri Ashwani Kr. Singal, JCIT,appeared on behalf of the Respondent.

Date of concluding the hearing : December 17, 2025 Date of pronouncing the order : March 16 , 2026 ORDER PerPradip Kumar Choubey, Judicial Member:

This appeal filed by the assessee is directed against the order dated

29.08.2025 of the NFAC, Delhi [‘CIT(A)’] passed under Section 250 of the Income-tax Act, 1961 (hereinafter referred to as “the Act”).

2. Brief facts of the case are that the appellant is an individual who had not filed his return of income for the A.Y. 2014-15. The Assessing Officer was having information that the appellant had entered into a LDA with M/s Sehra Real Estate Pvt Ltd. on 27/08/2013 for the development of his immovable property sit