In the result, the all the appeals of the assessees are allowed
Bench: Shri Rajesh Kumar, Am & Shri Manomohan Das, Jm
2) and 142(1) of the Act along with questionnaire were issued which were duly complied with by the assessee. Finally, the assessment was framed u/s 153A/153D/143(3) of the Act vide ITA No. 306 to 310/GTY/2019 order dated 31.12.2018, making an addition of ₹37 lacs on account of bogus long term capital gain. 3.2. The appeal of the assessee