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
bogus short term capital loss of Rs. 21,72,628/- whereas the whole investment was suspicious and therefore, the difference amount of Rs. 7,16,972/- (28,89,600 – 21,72,628) was to be taxed in the hands of the assessee. The ld. PCIT also observed that the assessee had short term capital gains
