SHRI AMJAD AHMED SHEIKH,NAGPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-2, NAGPUR
In the result, appeal filed by the assessee is dismissed
ITA 18/NAG/2021[2014-15]Status: DisposedITAT Nagpur13 Aug 2024AY 2014-15
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Rachit ThakarFor Respondent: Shri Kailash C. Kanojiya
Section 142(1)Section 143(2)Section 143(3)Section 147Section 148Section 263
270/-, It was revised again on 01.12.2018
and the total income was shown at Rs.83,77,020/-after incorporating the deemed income of Rs. 24,99,750/- u/s.56(2) of the Act. Further, it was noted from the purchase deed that out of the total purchase consideration armount of Rs.84,00,000/- was paid in cash.
Further, it was noted