VINIT BIPINCHANDRA SHAH,AHMEDABAD vs. THE ITO, WARD-1(1)(3) (PREVIOUSLY WARD-5(2)(4)), AHMEDABAD

In the result, appeal of the assessee is partly allowed

Bench: Shri T.R. Senthil Kumar & Shri Narendra Prasad Sinhaassessment Year: 2015-16

54F of the Act was denied. We, therefore, do not find any merit in the grounds as raised by the assessee. Accordingly, the addition of Rs.25,81,731/- on account of LTCG as upheld by the Ld. CIT(A), is confirmed. Ground nos.1, 2 &4 as raised by the assessee are dismissed. 8. Ground no.3 pertains to addition of Rs.27

JIGNASA ATULKUMAR SHAH,AHMEDABAD vs. THE PR.CIT-1, AHMEDABAD

In the result, the appeal filed by the Assessee is allowed