SURESH CHANDRA SADH,NEW DELHI vs. CIRCLE 4(1)(1),, ALIGARH
In the result, the appeal of the assessee is partly allowed
ITA 178/AGR/2024[2016-17]Status: DisposedITAT Agra30 Jun 2025AY 2016-17
Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2016-17]
Section 10(38)Section 131Section 147Section 148Section 234BSection 68
penny stock and claiming exempt long term capital gain the assessee
has introduced unaccounted money. Thereafter, the Assessing Officer
noted that shares which were sold were originally purchased @Rs.1.25 per
share on 19.02.2014 when the share price of M/s Yamini Investments
Company Ltd. was Rs.35 in which M/s FIDELO Power and Infrastructure
Limited (hereinafter referred as FPIL) got merged with
