SMT. SATYAWATI MARWAHA THROUGH LEGAL HEIR SH, CHANDER SHEIKHAR MARWAHA,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR
In the result, the appeal for Asstt
ITA 347/ASR/2024[2015-16]Status: DisposedITAT Amritsar30 Oct 2025AY 2015-16
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta
For Appellant: Sh. Ashray Sarna, C. A
Section 10(38)Section 132Section 144Section 144rSection 147Section 148Section 151Section 250(6)Section 68
6
I.T.A. Nos. 346 & 347/Asr/2024
Assessment Years: 2014-15 & 2015-16
( relevant portion reproduced )
“5.3.3 I have considered the reasoning given by the AO in assessment order, submissions &
documents submitted by the appellant, facts of the case and legal position.
Modus operandi of bogus LTCG
It shall be important to analyze the LTCG claimed by the assessee as exempt