Rajlaxmi Satishkumar Sharma v. ITO

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The Tax Publishers2024 TaxPub(DT) 1983 (Ahd-Trib) IN THE ITAT AHMEDABAD BENCH SUCHITRA KAMBLE, J.M. Rajlaxmi Satishkumar Sharma v. ITO ITA No. 121/Ahd/2024 12 April, 2024 Assessee by: B.K. Patel, A.R. Revenue by: Sanjay Jain, Sr. D.R. ORDER This is an appeal filed against the order dated 15-12- 2023 passed by National Faceless Appeal Centre (NFAC), Delhi for assessment year 2013-14. 2. The grounds of appeal are as under:- Ground No.1 The Learned Commissioner of Income Tax (Appeals) NFAC, Delhi (thereinafter referred to as 'the learned Commissioner (Appeals)') has erred in law in facts as much as confirming the addition made by the learned assessing officer without considering the facts that the payment made for purchase of property for which the investment is made by her son from his own independent source. The assessee is mother of the actual purchaser of the property and for the sack of convenience only her name is appearing in the conveyance deed. The entire amount of Rs 40,41,870 being the purchase price of the property in fact is paid by the Join owner- Son which is duly disclosed in his return of income which needs to be deleted by appropriate order. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers2024 TaxPub(DT) 1983 (Ahd-Trib)

IN THE ITAT AHMEDABAD BENCH

SUCHITRA KAMBLE, J.M.

Rajlaxmi Satishkumar Sharma v. ITO

ITA No. 121/Ahd/2024

12 April, 2024

Assessee by: B.K. Patel, A.R.

Revenue by: Sanjay Jain, Sr. D.R.

ORDER

This is an appeal filed against the order dated 15-12- 2023 passed by National Faceless Appeal Centre (NFAC), Delhi for assessment year 2013-14.

2. The grounds of appeal are as under:-

Ground No.1

The Learned Commissioner of Income Tax (Appeals) NFAC, Delhi (thereinafter referred to as 'the learned Commissioner (Appeals)') has erred in law in facts as much as confirming the addition made by the learned assessing officer without considering the facts that the payment made for purchase of property for which the investment is made by her son from his own independent source. The assessee is mother of the actual purchaser of the property and for the sack of convenience only her name is appearing in the conveyance deed. The entire amount of Rs 40,41,870 being the purchase price of the property in fact is paid by the Join owner- Son which is duly disclosed in his return of income which needs to be deleted by appropriate order.