2025 (9) TMI 827

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....e. For The Revenue : Dr. Sachin Kumar, SR-DR ORDER PER MADHUSUDAN SAWDIA, A.M.: This appeal is filed by Mekala Shankar Reddy (HUF) ("the assessee"), feeling aggrieved by the order passed by the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi ("Ld. CIT(A)"), dated 31.07.2024 for the A.Y. 2009-10. 2. At the outset, the Learned Authorised Rep....

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.... iii) Copy of bank statement of Deccan Grameena Bank account. iv) Copy of Partition Deed of the members of HUF. The Ld. CIT(A) found that, the agreements for completion dated 09.01.2009 was an unregistered document regarding the purchase of a semi-finished flat for a consideration of Rs. 13 lakhs. However, the assessee had claimed an amount of Rs. 30,00,824/- u/s.54F of the Act....

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....al contentions and also gone through the record in the light of the submissions made by either side. It could be seen from the orders of the Ld.CIT(A) that, the assessee failed to substantiate his case by providing necessary documentary evidence in support of exemption of Rs. 30,00,824/- u/s. 54F of the Act, which resulted in passing the orders without consideration thereof. However as submitted b....