RAJMATA KAVITESHWARI DEVI,SATNA vs. INCOMETAX OFFICER , SATNA

Bench: Shri Kul Bharat & Shri Anadee Nath Misshra

capital gains, the addition made by the AO itself is bad in law and is liable to be quashed. 4. The learned Commissioner of Income tax (Appeal) (NAFC) was not Justified in holding that, the appellant did not cooperate in assessment proceedings merely on the ground that she did not respond to the notices issued by the Departmental Valuation Officer

SANJAY KUMAR AGRAWAL ,SATNA vs. ASST. COMMISSIONER OF INCOMETAX CIRCLE, SATNA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Kul Bharat & Shri, Nikhil Choudharyassessment Year: 2016-17 Sanjay Kumar Agarwal V. Acit Circle Satna Blooms Campus, Nh-75, Panna Aayakar Bhawan, Civil Road, Satna (Mp)-485001. Lines, Satna, Mp-485001. Tan/Pan:Ackpa2596H (Appellant) (Respondent) Appellant By: Shri Sanjay Mishra, Adv Respondent By: Shri N. M. Prasad, Sr. Dr-1 Date Of Hearing: 19 08 2025 Date Of Pronouncement: 21 08 2025 O R D E R

80,000/- out of salary paid to her on presumptions with out of any basis. 10. Considering the facts that loans and advances are given by the assessee for the purpose of his business and assessee has invested his own funds in business. Ld. CIT(A) erred in disallowing interest Rs.42,16,333/- on loans and advances given