RACHNA GOYAL,JODHPUR vs. ITO, WARD-1(2), JODHPUR
In the result, the appeal is dismissed
ITA 529/JODH/2023[2013-14]Status: DisposedITAT Jodhpur25 Jun 2025AY 2013-14
Section 132Section 133ASection 142(1)Section 147Section 148Section 151Section 250Section 68
vii)
The assessee has not received any amount or paid any amount in respect of the
regular and recorded shares trading with Seema Securities, then the AO cannot
estimate commission paid u/s 69C amounting to Rs. 22,352/-, on assumptions and
surmises.
3. Action u/s 147/148 is illegal and without jurisdiction.
Submission :
(1)
The AO issued notice u/s 148, stating
