Capital Gain cannot be Taxed to owner for transfer by POA holder

Bharati Narendra Oswal Vs ITO (ITAT Pune) This appeal by the assessee against the order dated 15-03-2017 passed by the Commissioner of Income Tax (Appeals)-4, Pune [‘CIT(A)’] for assessment year 2013-14. 2. We find this appeal was filed with a delay of 12 days. To condone the said delay, the assessee filed notarized affidavit dated 11-08-2017 explaining the reasons for delay. On perusal of the same and upon hearing both the parties, the delay of 12 days is condoned. 3. The assessee raised ground Nos. 2 to 5 amongst which the only issue emanates for our consideration is as to whether the CI...