Income Tax Appellate Tribunal - RanchiPrakash Kumar Agarwal,, Dhanbad vs Acit,Central Circle,, Dhanbad on 6 March, 2020IN THE INCOME TAX APPELLATE TRIBUNAL\n                        RANCHI BENCH "SMC" RANCHI\n\n                     Before Shri S.S, Godara, Judicial MemberITA No.232/Ran/2019Assessment Year:2009-10\n\n\n     Sri Prakash Kumar Agarwal,            बनाम         Asstt. Commissioner of\n     Ratanji Road, Purana Bazar,                 /      Income Tax, Central\n     Dhanbad Pin-826001                    V/s .        Circle, Dhanbad-826001\n     [PAN No.ACCPA 5689 F]\n\n            अपीलाथ /Appellant               ..                यथ /Respondent\n\n\n\n अपीलाथ क ओर से/By Appellant                     Shri Devesh Poddar, Advocate\n     यथ क ओर से/By Respondent                    Smt. Nisha Oraon Singhmarr, JCIT-DR\n\n सुनवाई क तार ख/Date of Hearing                      06-03-2020\n घोषणा क तार ख/Date of Pronouncement                 06-03-2020\n\n\n\n                                   आदे श /O R D E R\n       (Oral)\n       This assessee's appeal for assessment year 2009-10, arises against the\nCommissioner of Income-tax (Appeals)-3,Patna's order dated 20.05.2019 passed in\ncase No.40/CIT(A)-3/PAT/2013-14         involving proceedings u/s. 148 r.w.s. 153A\nr.w.s.143(3) of theIncome Tax Act, 1961; in short 'the Act'.Heard both the parties. Case file perused.2.     The learned authorized representative's only argument during the course of\nhearing is that the both the lower authorities have erred in law and on facts in making\nundisclosed investment addition of ₹12,60,350/- based on DVO's report holding\ninvestment consideration to be at ₹19,45,900/- as against the disclosed price of\n₹6,85,550/-. Mr. Poddar's case as per the relevant facts on record is that the DVO has\nnot considered the relevant location, similar sale instant and distressing factors ofITA No.232/Ran/2019         A.Y 2009-10Sri Prakash Kr. Agarwal   Vs. ACIT, CC-Dhanbad                              Page2\n\nhouse property in question. Learned departmental representative has strongly\nsupported the impugned addition but she fails to dispute that all parameters have not\nbeen taken into consideration by the lower authorities. Faced with this situation, I\ndeem it appropriate a lump sum addition of ₹4.50 lakh would meet the ends of justice\nwith a rider that same shall not be treated as a precedent in any other assessment year.\nNecessary computation including that of interest shall follow as per law.No other ground has been pressed before me during the course of hearing.3.      This assessee's appeal is partly allowed.Order pronounced in open court at the close of hearing on Friday, 6th March,2020Sd/-( या यक सद#य)\n                                                           (S.S. Godara)\n                                                         Judicial Member\n\n*Dkp/Sr.PS\n%दनांकः- 06/03/2020           रांची\nआदे श क       त ल प अ े षत / Copy of Order Forwarded to:-1. अपीलाथ / Appellant-Sri Prakash Kr. Agarwal, Ratanji Road, Purana Bazar,\n                      Dhanbad, Pin-8260012. यथ / Respondent-ACIT, Central Circle, Dhanbad-8260013. संबं)धत आयकर आयु,त / Concerned CIT4. आयकर आयु,त- अपील / CIT (A)5. -वभागीय       त न)ध, आयकर अपील य अ)धकरण रांची / DR, ITAT, Ranchi6. गाड1 फाइल / Guard file.By order/आदे श से,\n\n\n                                                    Sr. Private Secretary/P.S (on Tour)\n                                                     आयकर अपील य अ)धकरण, रांची ।