2023 (10) TMI 784

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....el with Ms Easha and Ms Hemlata Rawat, Advs. For the Respondent Through: Mr Kapil Goel, Adv.: RAJIV SHAKDHER, J. (ORAL): 1. This appeal concerns Assessment Year (AY) 2016-17. 2. Via the instant appeal, the appellant/revenue seeks to assail the order dated 08.12.2022 passed by the Income Tax Appellate Tribunal [in short, "Tribunal"]. 3. The record shows that the Assessing Officer (AO....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rder dated 28.02.2020, deleted the addition after calling for a remand report from the AO regarding additional evidence placed by the respondent/assessee. 6.1. In an appeal preferred against the CIT(A)'s order by the appellant/revenue, the Tribunal dismissed the appeal and sustained the said order. 7. The record discloses that one of the errors that the AO had committed was his failure to no....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... acquisition of the subject property from Emaar MGF Land Ltd. 10. The Tribunal has adverted to the evidence placed on record which is the subject matter of the remand report of the AO dated 10.02.2020 in paragraph 10 of the impugned order. 11. According to us, the addition made by the AO was not called for in the instant case. The respondent/assessee had been able to place the relevant mater....