TMI Blog2023 (9) TMI 327X X X X Extracts X X X X X X X X Extracts X X X X ..... t the disputed amount - Therefore, considering these facts,we delete the addition - Decided in favour of assessee. - Shri Dr. A. L. Saini, Accountant Member For the Assessee : Shri Niraj A. Surti, CA For the Respondent : Shri Vinod Kumar, Sr. DR ORDER PER DR. A. L. SAINI, AM: Captioned appeal filed by assessee, pertaining to Assessment Year (AY) 2008-09, is directed against the order passed by the Learned Commissioner of Income Tax (Appeals), [in short the ld. CIT(A) ], National Faceless Appeal Centre (in short the NFAC ), Delhi, dated 29.03.2023, which in turn arises out of an assessment order passed by Assessing Officer u/s 144 r.w.s. 147 of the Income Tax Act, 1961 (hereinafter referred to as the Act ), d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 15.11.2007 3. HDFC Mutual Fund 7,00,000/- 15.11.2007 4. HDFC Tax Saver 3500/- 10.04.2007 5. HDFC Tax Saver 3500/- 10.05.2007 6. HDFC Tax Saver 3500/- 11.06.2007 7. HDFC Tax Saver 3500/- 10.07.2007 8. HDFC Tax Saver 3500/- 10.08.2007 9. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CIT(A) deleted the addition to the extent of 21,50,000/- and sustained addition for balance amount of Rs. 2,48,603/- (Rs. 23,98,603-Rs. 21,50,000). Aggrieved by the order of ld. CIT(A), the assessee is in further appeal before this Tribunal. 5. I have heard both the parties and carefully gone through the submissions put forth on behalf of the assessee along with the documents furnished and the case laws relied upon, and perused the facts of the case including the findings of the ld. CIT(A) and other material brought on record. Learned Counsel for the assessee argued that assessee is a senior citizen of 82 years old, and who got retired from ONGC Ltd., Ankleshwar in Month of November 2001. The assessee has invested his retired benefit amo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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