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TMI Blog2022 (4) TMI 110X X X X Extracts X X X X X X X X Extracts X X X X ..... for statistical purpose. - ITA No.: 220/CHNY/2019 - - - Dated:- 31-3-2022 - Shri Mahavir Singh, Vice President And Dr. M.L. Meena, Accountant Member For the Appellant : Shri Anandd Babunath, FCA For the Respondent : Shri P. Sajit Kumar, JCIT ORDER PER BENCH: This appeal by the assessee is arising out of the order of Learned Commissioner of Income Tax (Appeals)-12, Che ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arding the fact that the property was settled only in favour of his father, The disallowance has been made correctly by the AO, As per section 54F(3) of the IT Act, where the new asset is transferred within a period of three years from the date of its purchase or, as the case may be, its construction, the amount of capital gain arising from the transfer of the original asset not charged under sect ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has been given for the cost of land. Brokerage claimed was not allowed in the absence of any evidence. Addition of ₹ 85,45,371/- has been correctly done and the same is confirmed. 12. In this regard, no further arguments or submissions placed by the AR of the appellant. The computation of capital gains has been correctly done and the same is confirmed. 13. No submission has been filed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... firmed. In view of the above, the ld.AR stated that even the CIT(A) noted that none appeared and no further submissions were filed. The ld.AR stated that the CIT(A) has violated the principles of natural justice as the assessee has filed complete written submissions before him but were not considered. The ld.AR before us stated that the CIT(A) was keen on completing the case without providing r ..... X X X X Extracts X X X X X X X X Extracts X X X X
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