2019 (2) TMI 717

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the case the order passed by the Ld. CIT(A) was completely arbitrary and illegal. 2. For that on the facts of the case the Ld. CIT(A) was wrong in allowing deduction u/s. 54F in place of u/s. 54 of the I. T. Act, 1961 which is completely arbitrary, unjustified and illegal. 3. For that on the facts of the case the Ld. CIT(A) was wrong in not allowing deduction U/s. 54 of the I. T. Act, 1961 for the second property purchased in Delhi amounting to Rs. 7.00 lakhs, which is completely arbitrary, unjustified and illegal." 3. Ground no. 1 is general in nature does not require any adjudication and, hence, the same is dismissed. 4. Brief facts of the case are that the assessee had sold the property, not being a residential h....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....for which has failed to show any evidence for such expenditure." Aggrieved assessee is before us. 5. We have heard rival submissions and gone through the facts and circumstances of the case. This appeal is against the partial relief not granted to assessee. The Ld. CIT(A) has accepted the claim of assessee in respect to only the property purchased at Kolkata with the aforesaid rider. The Ld. CIT(A) has not accepted the claim of assessee on the residential flat purchased by the assessee on General Power of Attorney. Thus, we note that the only issue in this case is regarding the claim of the assessee in regard to house purchased in Delhi on the strength of General Power of Attorney which according to Ld. CIT(A) is not legally recognize....