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1 result for “capital gains”+ Section 45Aclear

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Mumbai3Delhi2Ahmedabad1Jaipur1Patna1

SOHAM NITINBHAI BHADIYADRA,BOTAD vs. THE ITO, WARD-1(1), BHAVNAGAR

In the result, the appeal of the asses is partly allowed

ITA 127/AHD/2025[2018-19]Status: DisposedITAT Ahmedabad08 Jul 2025AY 2018-19

Bench: Dr. Brr Kumar & Ms. Suchitra Kambleassessment Year 2018-19

For Appellant: NoneFor Respondent: Shri Suresh Chand Meena, Sr. D.R
Section 148Section 250(4)Section 45ASection 69A

45A. However, Ld. CIT Appeals without considering the same or without asking for any other derails upholds the decision of Ld. AO by mentioning that “since no documentary proof is produced by assessee in support of business it would be fair and reasonable to make 8% of each deposit which comes to Rs. 5,53,728/-”. 2. Ld. CIT Appeal