YESHWANTHRAJ RANKA,BANGALORE vs. THE COMMISSIONER OF INCOME TAX (APPEALS)- 7, BANGALORE
In the result, these three appeals of the assessee are allowed
ITA 1842/BANG/2019[2013-14]Status: DisposedITAT Bangalore19 Jun 2020AY 2013-14
Bench: Shri A. K. Garodia & Shri Pavan Kumar Gadale
For Appellant: Shri. S. Vimal Chand Dhariwall, CAFor Respondent: Shri. K. N. Dhandapani, Addl. CIT (DR)(ITAT), Bengaluru
Section 200ASection 234Section 234ESection 246ASection 68
capital gains be accepted.
The assessment of the amount U/s.68 be deleted and the interest also to be deleted,
3. In the course of hearing, it was submitted by learned AR of the assessee that the issue in dispute is squarely covered in favour of the assessee by the Tribunal order rendered in the case of Sibia Healthcare