2015 (8) TMI 658

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...., Senior Standing Counsel with Ms. V. Malhotra, Adv. ORDER ITA 503/2015 and CM APPL No.13175 of 2015 1. This appeal under Section 260A of the Income Tax Act ('Act) is directed against the order dated 30th April 2015 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 3647/Del/2011 for the assessment year 2008-09. 2. The ITAT in the impugned order allowed the Rev....

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....gricultural produce. The Assessee also claimed to have sold poplar trees to some parties to whom the AO sent notices. The notices were received back with remarks "no such person at the given address". Another explanation offered by the Assessee was that he was the Secretary Ranbir Collective Cooperative Farming Society Ltd. He stated that apart from the extent of 1.262 hectare of land which belong....

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....he land to the above extent belonged to the societies named, and not to the Assessee, then the income earned therefrom would at best be the income of those societies and not of the Assessee. 6. Learned counsel for the Appellant Assessee relied upon the decision of the Madras High Court in K. Simrathmull v CIT (1967) 64 ITR 166 (Mad). In the considered view of this Court the said decision does n....