PRAMOD AGRAWAL ,NAGPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, NAGPUR
Accordingly, the grounds of appeal 2 & 3 are dismissed
ITA 43/NAG/2021[2011-12]Status: DisposedITAT Nagpur19 Jul 2022AY 2011-12
Bench: Sh. Vikram Singh Yadav & Sh. Yogesh Kumar U.S.Sh. Pramod Agrawal (Huf) Pr. Cit-2, 301, Sai Ankur Apartments Nagpur-440 001 Ramdaspeth Vs. Nagpur-440 010 Pan:Aaihp 2699N (Respondent) (Appellant)
Section 10Section 143(2)Section 147Section 148Section 263
condoned.
3. The brief facts of the case are that, the case of the assessee was selected
for scrutiny and reopened u/s 147 of Income Tax Act, 1961 (‘Act’ for short) on
the reason that, the assessee has claimed LTCG exemption under section 10 in
ITR in respect of Capital Gain trading in a Penny Stock Company. Accordingly,
a notice
