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TMI Blog2020 (1) TMI 1700X X X X Extracts X X X X X X X X Extracts X X X X ..... per sft cannot be applied against the cost of construction estimated by the Registered Valuer? - AR submitted before us that the entire addition was due to the fact that the assessee had failed to produce evidence with respect to the cost of acquisition / construction of his immovable property and pleaded by stating that one more opportunity may be provided. HELD THAT:- We do not appreciate the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Assessee : Sri D. Satyanarayana For the Revenue : Sri R.S. Arvindakshan, DR ORDER This appeal is filed by the assessee against the order of the Ld. CIT(A)-1, Hyderabad in appeal No.10492/2018-19/ITO-4(1)/CIT(A)- 1/Hyd/2019-20, dated 25/6/2019 order passed U/s. 143(3) r.w.s 147 U/s. 250(6) of the Act for the A.Y. 2016-17. 2. The assessee has raised the following grounds in his appeal:- 1. The ord ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he expenditure on cost of interiors. 6. The Ld. CIT(A) erred in not considering the ground with regard to the expenditure incurred in paying compensation to the tenant who was residing in the said house at the time of sale. 7. Any other ground or grounds that may be urged at the time of hearing. 3. At the outset, the Ld. AR submitted before us that the entire addition was due to the fact that the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ections to accept and examine any fresh evidence produced by the assessee and thereafter decide the matter in accordance with law and merit afresh. At the same time, I also direct the assessee to co-operate with the ld. Revenue Authorities in their proceedings failing which the ld. Revenue Authorities shall be at liberty to adjudicate the issue based on the materials on record. 5. In the result, a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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