Shri Rajinder Singh Tur, Mohali V. ITO, Mohali

ITA 357/CHANDI/2011

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 8388 (ITAT-CHANDIGARH)
• Duration Of Justice: 4 year(s) 11 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-03-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 06-08-2015
• Assessment Year: 2006-2007
• Appeal Filed On: 07-04-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MANJIT SINGH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, CHANDIGARH BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND MS. RANO JAIN, ACCOUNTANT MEMBER ITA NO.357/CHD/2011 (ASSESSMENT YEAR : 2006-07) SHRI RAJINDER SINGH TUR, VS. THE INCOME TAX OFFICER, # 525, PHASE-IX, WARD-6(1), MOHALI. CHANDIGARH. PAN: ABWPS8243G (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI TEJ MOHAN SINGH RESPONDENT BY : SHRI MANJIT SINGH, DR DATE OF HEARING : 21.01.2016 DATE OF PRONOUNCEMENT : 08.03.2016 O R D E R PER RANO JAIN, A.M . : THE APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOM E TAX (APPEALS), CHANDIGARH DATED 31.12.2010 FOR ASSESSME NT YEAR 2006-07. 2. BRIEFLY, THE FACTS OF THE CASE ARE THAT THE ASSESSEE HAD SOLD LAND DURING THE YEAR FOR RS.12 LA CS AS MENTIONED IN HIS SALE DEED. SINCE THERE WERE CERTA IN CASH DEPOSITS IN THE BANK ACCOUNT OF THE ASSESSEE, TH E SOURCE