AKSHAT LOYALKA,JAIPUR vs. RJN-C-(101)(1), JAIPUR
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 1019/JPR/2024[2016-17]Status: DisposedITAT Jaipur27 May 2025AY 2016-17
For Appellant: Shri Mahendra Gargieya, Advocate &For Respondent: Shri Gautam Singh Choudhary, Addl. CIT-DR
Section 144BSection 147Section 234ASection 250Section 5Section 69A
Charitable Trust.\nThe assessee has also shown income form capital gain on sale of shares and other\nincome. Considering his income and net worth his house hold expenses are estimated at\nRs.1,25,000/- per month.\nConsidering his worth and stature it is quite possible that money withdrawn from banks\nare utilized towards house hold expenses.\nIn the assessment order