Hale Realtors Private Limited Vs I.T.O. National E-Assessment Centre
Case No: ITA No.3492/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/5/2026
Parties Involved
appellantHale Realtors Private Limited
respondentI.T.O. National E-Assessment Centre
Facts Summary
The appeal by the assessee is directed against the order of National Faceless Appeal Centre/Ld. Commissioner of Income Tax(Appeals), New Delhi dated 29.03.2025 arising out of assessment order dated 19.04.2021 passed under section 143(3) of the Income Tax Act, 1961, for the Assessment Year 2018-19. The assessee raised several grounds of appeal regarding the disallowance of capital expenditure and the determination of Fair Market Value.…
Decision in favour of
Assessee
Legal Issues
- 1. Disallowance of capital expenditure under Section 40A(2)(b) of IT Act