RAJESH KUMAR GUPTA,LUDHIANA vs. ACIT, C-7, LUDHIANA

The appeal of the assessee is treated as allowed for statistical purposes

Bench: Shri Sanjay Garg & Shri Vikram Singh Yadavi.T.A. No.1358/Chandi/2019 Assessment Year: 2014-15

68 of the Income Tax Act. So far as the loan of Rs. 47,50,000/- received by the assessee from brother Shri Harish Gupta is concentred, the assessee has 6 I.T.A. No.1358/CHANDI/2019 Assessment Year: 2014-15 Mr. Rajesh Kumar Gupta duly proved the sale of the property of Rs. 90 lacs out of which 50% share