ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI vs. SHRI PANNALAL BHANSALI, GUWAHATI
In the result, appeal of the revenue as well as the Cross
ITA 428/GTY/2019[2016-17]Status: DisposedITAT Guwahati31 Aug 2023AY 2016-17
Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2016-17
For Respondent: Shri P. S. Thuingaleng, ACIT
Section 10(38)Section 143(2)Section 143(3)Section 68
Gain (STCG) c)
Disallowance of loss from trading
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Rs.20,22,293/- in commodity and F&O derivatives
2.2. In the addition and disallowance at (a) and (b) above, revenue is in appeal before the Tribunal and assessee by way of Cross Objection for addition at item (c) above. We first take up the appeal of the revenue and deal with