AU SMALL FINANCE BANK LIMITED,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX, JAIPUR-1
In the result both the appeals filed by the assessee in ITA
ITA 203/JPR/2022[2017-18]Status: DisposedITAT Jaipur28 Jul 2023AY 2017-18
Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)
For Appellant: Shri Sanjay Jhanwar, Sr. AdvocateFor Respondent: Shri James Kurian, CIT
Section 115JSection 263Section 35ASection 36(1)(viia)
disallowance.
4.3
On further examination of the records, she also noticed that shares of Aavas Financers Limited were sold during the year under consideration and a capital gain of Rs. 636.01crores was declared. During the year, entire holding of 3,75,83,334 equity shares and 9,00,000 bonus shares (out of 52,41,149 allotted) of Aavas
