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In the result, the appeal of the assessee is partly allowed
Bench: Shri Subhash Malguria & Shri Nikhil Choudharyassessment Year: 2015-16 Dhirendra Singh V. Income Tax Officer Mangraha, Chunar Ward 3(1) Mirzapur Mirzapur Pan:Bipps5569C (Appellant) (Respondent) Appellant By: Shri Brij Bhushan Goenka, C.A. Respondent By: Shri A. K. Singh, Sr. D.R. Date Of Hearing: 02 01 2025 Date Of Pronouncement: 20 03 2025
property as on 16.01.2014 was to the tune of Rs.75.24 lakhs. It was submitted that this, along with opening trial balance as on 01.04.2014, proved that there was opening capital of Rs.55.51 lakhs. It was further submitted that uploaded 3CD Report gave details of existing assets and the additions during the year, at point No.18. With ITA No.133/ALLD/2024 Page