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1 result for “capital gains”+ Section 302clear

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Key Topics

Section 1432Section 44A2

R.S.SHUKLA,LUCKNOW vs. ITO, WARD-1(2)(2), DEHRADUN

In the result, appeal of the assessee is allowed for statistical purposes

ITA 30/DDN/2019[2015-16]Status: DisposedITAT Dehradun13 May 2020AY 2015-16

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

Section 143Section 44A

302 paid by the assessee. Therefore the assessee was issued the show cause notice on 16/10/2017 in the end after analysing all the transaction the assessing officer came to conclusion that assessee has entered into a total turnover of Rs. 408119005/– and applying the provisions of section 44AD redeemed profit should be 3273520/–. Accordingly the total addition