SUMIT GOEL,JAIPUR vs. INCOME TAX OFFICER , JAIPUR
In the result,the appeal of the assessee is partly allowed
ITA 8/JPR/2023[2012-13]Status: DisposedITAT Jaipur26 Oct 2023AY 2012-13
Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)
For Appellant: Shri S.L. Poddar(Adv.)&For Respondent: Smt. Monisha Choudhary(Addl.CIT)
Section 10(38)Section 147Section 148Section 56Section 68Section 69C
purchase of shares as well as realization of sale proceeds and crediting the same to the bank account of the assessee. Hence, CIT(A)’s order in deleting the additions made by the AO is not infirm in any way requiring any interference.
6. Latest decision of the Hon’ble Rajasthan High Court is in favor of the assessee
