The Tax Publishers2020 TaxPub(DT) 5306 (Del-Trib)

IN THE ITAT, DELHI BENCH

AMIT SHUKLA, J.M. & PRASHANT MAHARISHI, A.M.

Rajesh Kumar v. ACIT

ITA No. 1546/De/2017

2 December, 2020

Assessee Partly Allowed.

Assessee by: Shri Rakesh Jain, Advocate Shri Gurjeet Singh, CA

Revenue by: Ramesh Kumar, SR. Departmental Representative

ORDER

Prashant Maharishi, A.M.

This appeal is filed by the assessee against the order of the learned Commissioner (Appeals), Karnal (the learned Commissioner (Appeals)), dated 17-1-2017 for the assessment year 2012-13 wherein appeal filed by the assessee against the order passed by the Asst Commissioner, Panipat Circle Panipat (The learned assessing officer) under section 143 (3) of The Income Tax Act 1961 (The Act), dated 30-3-2015 assessing the total income of the assessee at Rs. 1,77,77,567 against the returned income of the assessee at Rs. 5,296,930 making disallowance of Rs. 1,24,80,637 was reduced to 50% of the disallowance partly allowing the appeal.

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