MAHESH MITTAL,LUCKNOW vs. ACIT, RANGE-5, LUCKNOW, LUCKNOW
In the result, the appeal of the assessee is partly allowed
ITA 73/LKW/2023[2014-15]Status: DisposedITAT Lucknow14 Aug 2025AY 2014-15
Bench: Shri Kul Bharat & Shri Anadee Nath Misshramahesh Mittal V. Acit, Range-5 1/16, Vinay Khand Gomti Income Tax Office Ashok Nagar, Lucknow-226010. Marg, Lucknow-226001. Pan:Acqpm4459B (Appellant) (Respondent) Appellant By: Shri Akshay Agarwal, Adv Respondent By: Shri Amit Singh Chauhan, Cit(Dr) O R D E R
For Appellant: Shri Akshay Agarwal, AdvFor Respondent: Shri Amit Singh Chauhan, CIT(DR)
Section 10(38)Section 68
4. ASSESSEE'S PROFILE & COMPANY'S PROFILE:
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In this regard, it is important to have a look upon the important observations of AO & Ld.
CIT (A) who have observed as under:
AO's Observations:
".........On perusal of stock price movement of ASHIKCA CR it was found that these shares have gained its maximum high only during
