PRADEEP WIG,NEW DELHI vs. ACIT CENTRAL CIRCLE-5, NEW DELHI
The appeals of the Revenue are dismissed
ITA 406/DEL/2021[2012-13]Status: DisposedITAT Delhi29 Apr 2025AY 2012-13
Bench: Shri M. Balaganesh & Shri Anubhav Sharma
purchase, sale, renovation, leasing, furnishing, loan arrangements, meeting with brokers/estate managers in connection with purchase/sale of flats 53, 63 &
61, Eaton Estate had active involvement of the appellant. The appellant had appointed nominee directors in CCL and EFL who had no say in the management of the estates of the company. As per information received from the competent authority