PREMWATI SUMAN,AGRA vs. ITO-1(3), AGRA
In the result both appeals are allowed
ITA 393/AGR/2018[2008-09]Status: DisposedITAT Agra22 Mar 2019AY 2008-09
Bench: Shri Sudhanshu Srivastava & Dr. Mitha Lal Meenasmt. Premwati Suman, Vs.. Income Tax Officer- 1(3), 1/1, Hig Flats, Sanjay Place, Agra. Agra. Pan: Bnvps9819N (Appellant) (Respondent) Shri. Ranjeet Suman, Vs.. Income Tax Officer- 1(3), 1/1, Hig Flats, Sanjay Place, Agra. Agra. Pan: Bnlps9622P (Appellant) (Respondent)
Section 144Section 147Section 148Section 151
reassessment and therefore same are directed to be quashed.
(ASSESSMENT YEAR: 2008-09)
27. We are in agreement with the submission of the learned Counsel of the assessee that the fact of investment in property is akin to cash deposits in saving bank account as both being Investments and are assessable under section 69 of the Act, and such fact
