2014 (4) TMI 712

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....For the Respondent : Mr. R. Bharadwaj, Advocate ORDER The Court : Considering the grounds stated in the application for condonation of delay, the same is allowed and disposed of. The revenue has come up in appeal challenging the order dated 18th June, 2013 passed by the Appellate Tribunal by which the appeal preferred by the revenue against the order of CIT (Appeal) was dismissed and the ....

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....he appeal preferred by the revenue agreeing with the findings of the CIT (Appeal) that the assessee had not claimed any deduction of the sum of Rs.42,36,000/- invested in purchasing the land. There was, as such, no reason why the aforesaid addition was made by the assessee. The cross objection filed by the assessee was, however wrongly allowed by the learned Tribunal on the ground that no expendit....