ASSISTANT COMMISSIONER OF INCOME TAX-I, KANPUR vs. SHRI RAJ PREET SINGH, KANPUR
In the result, the appeal of the Revenue is dismissed
ITA 7/LKW/2020[2015-16]Status: DisposedITAT Lucknow01 Jun 2022AY 2015-16
Bench: Shri. A. D. Jain & Shri T. S. Kapoorassessment Year: 2015-16 The Astt. Cit – 1 V. Raj Preet Singh Kanpur 54, Durga Housing Society Shiv Katra Road Lal Bunglow, Kanpur Tan/Pan:Aiwps6741C (Appellant) (Respondent) Appellant By: Application For Withdrawal Respondent By: Shri Pankaj Sachan, D.R. Date Of Hearing: 31 05 2022 Date Of Pronouncement: 01 06 2022 O R D E R
For Appellant: Application for withdrawalFor Respondent: Shri Pankaj Sachan, D.R
Section 268ASection 5(2)Section 6
Capital Gain to introduce unaccounted own money as exempt income in the form of LTCG on sale of shares.
Later on, the CBDT, New Delhi vide Circular No. 23 of 2019
dated 6.9.2019 and O.M. dated 16.9.2019 has decided that notwithstanding anything contained in any circular issued u/s 268A specifying monetary limits for filing of departmental appeals before Income