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2 results for “reassessment”+ Section 124clear

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Key Topics

Section 26311Section 143(3)4Section 682Section 10(38)2Addition to Income2

ACIT-CENTRAL CIRCLE -2(1), NAGPUR vs. SHRI NANDKUMAR KHATTUMAL HARCHANDANI , NAGPUR

In the result, appeal of the Revenue stands dismissed

ITA 411/NAG/2019[2015-16]Status: DisposedITAT Nagpur25 Feb 2025AY 2015-16

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Sandipkumar Salunke
Section 10(38)Section 68

124 of the Paper Book. Thereafter, Later on the aforesaid shares were transferred to MPSE Securities Limited from where the sales of shares were affected on 06/03/2014 onwards. The assessee has submitted the letter regarding deliver slip for share transfer to “Mittal Share Brokers Pvt. Ltd.” alongwith statement of accounts of Karvy Stock Broking Ltd and transaction statement of MPSE

CITY LAND ASSOCIATES,AMRAVATI vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, NAGPUR

In the result, assessee’s appeal stands dismissed

ITA 27/NAG/2021[2016-17]Status: DisposedITAT Nagpur14 Feb 2025AY 2016-17

Bench: Shri V. Durgarao & Shrik.M. Roy, Accountant, Member

For Appellant: Shri R.B. AtalFor Respondent: Shri Sandipkumar Salunke
Section 133ASection 143(3)Section 263

reassessment.” 7. Before us, the learned Authorised Representative relied on the disclosure letter dated 29/09/2015, vide Page–1 to 4 of the Paper Book placed on record, runs as follows:– “To The Dy. C.I.T., Amravati Circle, Amravati Sir, Sub: Survey proceedings u/s 133A of the I.T. Act 1961 conducted on 22/09/2015 Kindly refer to the above. The survey proceedings