ITO, W-3(5), Chandigarh V. Shri Lakhbir Singh, Zirakpur

ITA 1531/CHANDI/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 3728 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 year(s) 4 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 01-12-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PRIYANKA DHAR
• Section: 22

Judgement Text

आयकर अपील य अ धकरण,च डीगढ़ यायपीठ, च डीगढ़ I N T H E I N C O M E T A X A P P E L L A T E T R I B U N A L D I V I S I O N B E N C H , “ A ” , C H A N D I G A R H B E F OR E SH R I N . K . SA I N I , V I C E P R E SI D E N T & S H R I S U D H A N S HU SR I V A S T A V A , J U D I C I A L M E M B E R आयकर अपील सं./ ITA No. 1531/C H D / 2 0 1 9 नधा रण वष / Assessment Year : 2 0 1 1 - 1 2 The ITO, Ward 3(5), Chandigarh बनाम Sh. Lakhbir Singh, S/o Sh. Hakam Singh, Near Committee Office, Zirakpur थायी लेखा सं./PAN NO: BPAPS5119E अपीलाथ /Appellant यथ /Respondent नधा रती क ओर से/Assessee by : None राज व क ओर से/ Revenue by : Smt. Priyanka Dhar, Sr. DR स ु नवाई क तार$ख/Date of Hearing : 27.04.2022 उदघोषणा क तार$ख/Date of Pronouncement : 27. 04.2022 आदेश/Order P er S u d h an sh u S ri va s ta va , J u d i c i a l M e mb e r : T hi s a pp e al ha s be e n p re fe r re d by t h e D ep a r t m e n t a ga i ns t or de r da t ed 2 6 . 09. 2 01 9 pa ss e d by t h e Ld. C o mm i s s io ne r o f I nc o m e T a x (A pp e a l s ) -1 , C h a n d ig ar h [ he re i n a f t e r re fe r re d t o as ‘ CI T( A ) ’ ] a nd pe r t a in s t o a s s es s m en t y e a r 2011 -1 2 . 2. N one w a s pre s e n t o n b e h a l f o f t h e a s s e ss e e -re s p on de n t w h en t h is a pp e a l w as c a l l e d fo r he ar i n g . H ow e ve r, l oo ki ng i n to t he fa c t s o f t h e c as e , w e de e m i t a ppr op ri a t e t o p ro ce e d w it h t he hea r i n g e x- p a r t e q u a t he as s e s s ee -r es po n de n t . 1531-C-2021- Sh. Lakhbir Singh, Zirakpur 2 3. A pe ru s a l o f t he r e c or d s how s th a t t h e re t u rn o f i n co me de c la ri ng a n i n c o me o f Rs . 2 , 09 , 7 30 / - w a s fi l e d by t he a s s es se e. T he c as e o f t h e a s s es s e e w as t a ke n u p f or s c r u t i ny u n de r CA S S o n t he ba s i s o f A I R i n fo r ma t i o n r eg a rd in g c a s h d e po s i t s e xc e e d i n g Rs . 10, 00, 00 0/ - i n a s s es s e e’ s s avi n g s ba n k ac c o un t w i t h Y e s Ba n k L t d. , Z i r a kp ur. T he a s s es s men t w a s c o mp le t e d a t a n i n co me o f Rs . 2, 76 , 21, 953 /- . T h e A s s es s i ng o f fi ce r ma de a n a d di t i o n o f R s . 2, 50 , 0 0, 00 0 /- , b e i n g c as h pa i d b y o ne M / s B a j w a D e v el op er s. L t d. t o t h e a s s e ss ee on a c c o u nt o f s a le c ons i d e r a t i o n o f l a n d pu r c h as e d by i t b ut n o t a c c o u nt e d for b y t h e bu yer i n i t s bo ok s o f ac co un t . T hi s am o un t w a s a dde d i n t he ha n d s o f t he as s e s s ee on p r o t ec ti ve ba s is f o r w a n t o f c o n fir m a t i on fr o m t he b uy e r a nd w as a dd e d o n s ub st a nt iv e ba s i s i n t he c a se o f M/ s Ba j w a D ev el o pe rs L td . T h e Ld. CI T ( A ) d el e te d t h e p ro t e ct i v e ad di ti on i n t he h a n d s o f t he a s s es s e e on t he gr o u n d t hat he h a d c on f ir me d t h e s ub st a nt iv e a d di t i on i n t he h an ds o f M / s B aj w a D e ve l o p er s L t d. 3. 1 A ga in s t t hi s del e t i o n , t h e D e pa r t me n t h a s a p p r oa ch e d t h i s Tr i b u na l c ha ll e n gi ng t he a c ti on o f t h e L d. CI T ( A ) b y ra is i ng f ol lo w i ng g ro u n ds o f a pp e a l : - 1. O n t h e f ac ts an d i n t h e c i r c um s ta n ce s of th e c a se, t he L d. CI T (A ) h as e r r e d i n al l o wi ng a p pe a l of t h e as s e s s ee wi th ou t ap p re c i a t i n g t he f ac t s of th e c as e. 2. O n t h e f ac ts an d i n t h e c i r c um s ta n c es of th e c a se, t he L d. CI T ( A) h as e r r e d o n f a c t s an d i n l aw b y d e l e t i n g t he p ro t e c ti v e a dd it i on m ade in t h e h a nds of as s es se e (s e l l e r ) s ol e l y o n t h e g r ou nd t h at s u b s ta n t i v e 1531-C-2021- Sh. Lakhbir Singh, Zirakpur 3 ad di t i o n h as al r e a dy b ee n m a d e i n t he h an d of an ot h er as s e s s ee (bu y e r ) w it ho ut g o in g i nt o t h e m er i t s of t he ad d i t i on an d fa ct s of th e c as e . 3. O n t h e f ac ts an d i n t h e c i r c um s ta n c es of th e c a se, t he L d. CI T ( A) has e r r e d i n, i g no ri n g t h e fa c t t ha t t he as s e s s ee i s t h e u l ti m a t e b e ne f i c i ar y o f t he c as h de p os i t ed i n hi s b ank ac co u n t a nd t h e bu y e r o f t h e l an d ha s d en ie d m aki n g a n y c as h pa ym e nt t o t h e as s e s s ee as p ar t o f s a l e c ons i de r a t io n w hi ch wa s c la im e d t o th e s ou r ce of c as h d ep os it b y th e as s e s se e. 4. T he a ppe l l a n t c r a v es t o l e a v e t o ad d o r a m e n d a ny gr o u nds of a p pe al be f or e t h e a pp e a l i s h ea r d o r di s po se d of f . 5. It i s p r a ye d t h a t th e o r de r of t h e L d. CIT ( A) be c an c e l l ed an d t h at o f t h e as s es s i ng of f i c er m a y b e r e s to re d. 4. 0 A t t h e o u t s et , t h e L d . S r. D R s ub m i t t e d t ha t a ft er t he c on fi r m a t i on o f t h e s u bs t an t i ve ad d i t i o n in th e h a n d s o f M / s Ba jw a D e ve l o p e r s Lt d, t ha t Co mp an y ha d o pt ed for s e tt l e m e n t o f t a x d i s pu te u n de r t he ‘V i v a d S e V is v as S ch e m e, 202 0 ’ a n d s he a l so pl a ce d on re cor d co p y o f t he a s s es s men t or d er d at e d 2 1. 0 3. 20 1 6, w he r ei n, t h e a d di t io n on s ubs t a nt iv e ba s i s w a s ma d e b y t he A s s es s i ng o ff i c er . O n a qu ery fr o m t h e Be nc h, t he L d . S r. D R c ou l d no t d i s pu t e t he fa ct t h a t th e i m p ug n ed a m o un t o f Rs . 2 , 5 0, 00, 0 0 0 / - a l r e a dy s t oo d t a x e d i n t h e ha nd s o f M / s Ba j w a D ev el op er s L td on s ubs t a n t i v e b a s i s. T he r e f o re , k e e p in g i n mi n d t he s e tt l ed p ri n ci pl e t h a t t h e s a m e i n c o me ca nn ot b e t ax e d t w ic e , w e fi n d n o m er i t i n th e a pp e a l fi l ed b y th e D e p ar t m e n t a n d w e di s mi s s t he s am e . 1531-C-2021- Sh. Lakhbir Singh, Zirakpur 4 5. 0 In th e fi n a l r es u lt , t h e a p pe al o f t he D e p ar t m en t s t an ds di s mi s s ed . O rde r p ro no un c e d o n 27. 04 . 2 0 22 . Sd/- Sd/- ( N. K. SAINI) (SUDHANSHU SRIVASTAVA) Vice President Judicial Member Dated : 27.04.2022 “आर.के.” आदेशक त+ल,पअ-े,षत/ Copy of the order forwarded to : 1. अपीलाथ / The Appellant 2. यथ / The Respondent 3. आयकरआय ु .त/ CIT 4. आयकरआय ु .त (अपील)/ The CIT(A) 5. ,वभागीय त न1ध, आयकरअपील$यआ1धकरण, च3डीगढ़/ DR, ITAT, CHANDIGARH 6. गाड फाईल/ Guard File आदेशान ु सार/ By order, सहायकपंजीकार/ Assistant Registrar