SMT. MEHA JAIN,JALGAON vs. DCIT (CENTRAL), BHOPAL
In the result, appeal of assessee is allowed
ITA 996/IND/2019[2008-09]Status: DisposedITAT Indore24 May 2023AY 2008-09
Bench: Shri Vijay Pal Rao & Shri B.M. Biyanismt. Meha Jain Dcit(Central) 40, Jay Nagar, Jilha Peth Bhopal Vs. Jalgaon Maharashtra (Appellant / Assessee) (Respondent/ Revenue) Pan: Aeipj 3170 N Assessee By Shri P.D. Nagar, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 18.05.2023 Date Of Pronouncement 24.05.2023
Section 127Section 132(1)Section 143(3)Section 148Section 153A
36,138/- claimed by the appellant in the return of income has been duly accounted by the appellant in her books of accounts and hence the denial of such loss simply because it was not debited to profit and loss account is without any basis and blatantly false.
6.The learned CIT(A) erred in upholding the contention of the 1
