SANJAY GULABCHAND GUPTA,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE-4, NAGPUR
In the result, appeal by the assessee stands dismissed
ITA 210/NAG/2023[2017-18]Status: DisposedITAT Nagpur14 Feb 2025AY 2017-18
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Smt. Veena AgrawalFor Respondent: Shri Abhay Y. Marathe
Section 143(2)Section 54Section 54F
270A(9) initiated separately for misreporting of income.
5. After perusal of uploaded documents, the total income of assessee is computed as under:–
Amount in (`)
Particulars
Nil
Income as per section 143(1)
Addition as discussed in Para–3 (specified
92,47,915
business loss set off disallowed)
Addition as discussed in para–4
1,58,64,162
(deduction