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
293/-, for which the assessee is before the Tribunal by filing Cross Objection, Ld. AO noted from the perusal of P&L
Account of the assessee that assessee has incurred loss in trading of commodities (F&O) which remained unsubstantiated.
In this respect, assessee did not furnish relevant contract notes and other details of the commodities in which
