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RU
ITAT Surat: Property Addition Set Aside – CIT(A)’s Order Based on Incorrect Facts
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taxguruin
Further, the third appeal being ITA 458/SRT/2026 is the appeal filed by assessee against the original order dated 16.08.2023 passed by learned Ld.
20,12,245/- as income u/s 56(2)(viib) and completed assessment u/s 143(3) vide order dated 09.12.2016.
CIT(A) passed order dated 16.08.2023 u/s 250 disposing assessee’s appeal taking wrong facts into account (as discussed in later part of this order).
Additionally, the assessee has also filed appeal ITA 458/SRT/2026 against original order dated 16.08.2023 passed by Ld.
In these circumstances, we are unable to sustain the impugned appellate order passed by Ld.