VISHAL KISHORILAL JAIN,NAGPUR vs. DCIT/ACIT CIRCLE-4, NAGPUR
In the result, assessee’s appeal for A
ITA 108/NAG/2025[2016-17]Status: DisposedITAT Nagpur15 May 2025AY 2016-17
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Mukesh AgrawalFor Respondent: Shri Abhay Y. Marathe
Section 132Section 139(1)Section 143(1)Section 147Section 148Section 2(40)Section 68Section 69
8. We further place reliance on the judgment of the Hon’ble Jurisdictional
High Court in Sejal Jewellary & Anr. v/s Union of India, W.P. no.3057 of 2019, vide judgment dated 18/02/2025, and connected matters, wherein the Court, on identical issue, held as under:–
“14. Thus, on the perusal of such reasons, it is quite clear that the provisions of Section
