ASST COMMISSIONER OF INCOME TAX, BIKANER vs. MUKESH SHAH, SRIGANGANAGAR
In the result, the appeal of the revenue is dismissed
ITA 399/JODH/2023[2017-18]Status: DisposedITAT Jodhpur08 Jan 2025AY 2017-18
Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 24
demonetization when the assessee has not been able to justify the reason for accumulation of cash from July, 16 to Nov., 16 as the cash purchase of property was prohibited by law w.e.f. 01.06.2015. 2. Whether on the facts and in the circumstances of the case the Ld.
CIT(A)was justified in not treating the sale transaction of property
