ADIL vs. ITO
Case No: ITA No.4832/Del/2024
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘A’
Date: 2/18/2025
Parties Involved
appellantShri ADIL
respondentNational Faceless Appeal Centre, Delhi
Facts Summary
The assessee, Shri Adil, an individual, never filed his return of income. The Assessing Officer (AO) had information that the assessee purchased an immovable property for Rs. 1,02,33,500/- and paid stamp duty of Rs. 4,87,500/- jointly with his brother. Since no return was filed, proceedings under section 147 were initiated and a notice under section 148 was issued on 31.03.2021. The assessee explained that the immediate source of investment was out of the sale proceeds of agricultural lands sold…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the action of the ld. CIT(A) in dismissing the appeal of the assessee ex parte for non-prosecution without appreciating the material available on record is justified?