2015 (11) TMI 1137

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....thi, Senior Standing Counsel with Mr. Arun Biriwal, Advocate and Ms. Pridhi Jaswinder Sandhu, Advocate AJAY KUMAR MITTAL, J. 1. This order shall dispose of two appeals bearing ITA Nos. 182 and 229 of 2015 as according to the learned counsel for the appellant, the issues involved herein are identical. For brevity, the facts are being taken from ITA No. 182 of 2015. 2. Delay of 214 days in ....

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....ii) Whether in the facts and circumstances of the case in hand, the view point of ITAT holding that the assessee's gains were profits from sale of specified agricultural land which does not come within the definition of assets as prescribed u/s 2(14) and by virtue of Section 2(1A)(a) read with Section 2(14)(iii) read with section 10(1) are to be treated as exempt income, can be said to be lega....

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....sessment year 2007-08 declaring nil income and current loss at Rs. 2,73,866/-. Thereafter, notice dated 20.5.2010 under Sections 143(2) and 142(1) of the Act along with questionnaire was issued to the assessee who filed details and documents to the same. The assessment order dated 28.12.2010 (Annexure A-1) under Section 143(3) of the Act was passed by the Assistant Commissioner of Income Tax, Cent....

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....assed the assessment order was based at Alwar and the first appeals were adjudicated by the CIT(A), Central Jaipur and the second appeals were adjudicated by the Tribunal at Delhi, whether the appeals under Section 260A of the Act before this Court would be maintainable. 7. The matter is no longer res integra. This Court in Commissioner of Income Tax (Central) Gurgaon v. M/s Parabolic Drugs Ltd....