AMBIKA CHARAN DIXIT,JABALPUR vs. PR. COMMISSIONER OF INCOME TAX , JABALPUR
In the result, the appeal is allowed
ITA 37/JAB/2022[2015-16]Status: DisposedITAT Jabalpur24 Nov 2023AY 2015-16
Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.
Section 143(3)Section 263Section 43C
270/- and agriculture income of Rs.2,02,500/- for the assessment year 2015-16. The case of the assessee was selected for limited scrutiny to examine the following reasons:
1. Income/Capital gain on sale of land or building
2. Income from real estate business
3. Sundry creditors
4. Large increase in sundry creditors with respect to turnover as compared
