MOHD GULZAR,DELHI vs. ITO, WARD 63(5), NEW DELHI
In the result, the appeal filed by the assessee is partly allowed
ITA 4097/DEL/2024[2012-13]Status: DisposedITAT Delhi08 Oct 2025AY 2012-13
Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI ANUBHAV SHARMA (Judicial Member)
For Appellant: Shri Salil Kapoor, AdvocateFor Respondent: Shri Dheeraj Kumar Jain, Sr. DR
Section 142(1)Section 143(3)Section 145(3)
bogus or are not verifiable. While examining the trading result, it is important to keep in mind the nature of trade and the trade practices which needs to be understood and while determining the income, trade practices prevalent and the accounting system has to be appreciated.
All the trade cannot be viewed from same glass as the different trade
