SUNITA AGARWAL,BIKANER vs. PCIT-1, JODHPUR
In the result, this appeal of the assessee is allowed
ITA 25/JODH/2021[2016-17]Status: DisposedITAT Jodhpur07 Oct 2021AY 2016-17
Bench: Hon’Ble Sh. Sandeep Gosain & Hon’Ble Sh. Vikram Singh Yadavassessment Year: 2016-17 Sunita Agarwal, Vs. Pr.Cit-1, 98, Industrial Area, Jodhpur. Bikaner. Pan No. Aeopa 9467 R
Section 115Section 131Section 143(3)Section 263
Section 269T restricts repayment of loan, deposit or specified advance if the amount exceeds Rs 20000 or more. In the instant case there has not been any repayment of the nature specified above. There is rather advancement by the assessee hence the provision of sec. 269T are not trigerred.
Issue 4
Non examination of unsecured loan from Shri Virendra Agarwal