RENU ANANDANI,JABALPUR vs. NFAC, NFAC, DELHI
In the result, the appeal is allowed for statistical purposes
ITA 120/JAB/2023[2012-13]Status: DisposedITAT Jabalpur28 Nov 2025AY 2012-13
Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)
For Appellant: Sh. Neeraj Agarwal, C.AFor Respondent: Sh. Alok Bhura, Sr. DR
Section 143(3)Section 147Section 263
loss had been held to be bogus, even the balance spent on purchase of the shares should be held to be a bogus purchase. He, therefore, prayed that the additions may be confirmed.
6. We have duly considered the facts and circumstances of the case. We find that the ld. CIT(A) was completely misdirected in his approach in refusing
