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
disallowed the expenses respectively. The learned Pr. CIT is of the opinion that the Assessing
Officer did not enquire about the genuineness of the transactions made with Nemi Kochar and also failed to obtain copy of agreement in support of determining the Fair Market Value of the property u/s 43CA of the Act in the financial year
