RAKESH M SHAH HUF,MUMBAI vs. COMMISSIONER OF INCOME TAX APPEAL, MUMBAI
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Before: SANDEEP GOSAIN & BIJAYANANDA PRUSETH
PER SANDEEP GOSAIN, JUDICIAL MEMBER:
This appeal is filed by the Assessee against the order of Ld. ITO WARD 17(3)(1) vide DIN: ITBA/NFAC/S/250/2025-26/1076339260(1) dated 14-Jun-2025 for the Assessment Year 2014-15. The Assessee has raised the following grounds of appeal:
The learned CIT(A) erred in law and on facts by confirming the addition of Rs. 1,91,12,590/- as bogus LTCG, disregarding that the shares were purchased through banking channels, held in a D
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