ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 1, MARGAO vs. SHRI ROHIT RAMCHANDRA PAI PANANDIKAR, MARGAO
Accordingly. The grounds accordingly stands partly allowed
ITA 253/PAN/2019[2010-11]Status: DisposedITAT Panaji25 Feb 2025AY 2010-11
Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshali
For Appellant: Mr R K Pikale [‘Ld. AR’]For Respondent: Mr Narendra Reddy [‘Ld. DR’]
Section 139(1)Section 143(1)Section 143(3)Section 148Section 246ASection 250Section 253(2)
Capital Gain since during the year under consideration for
ITAT-Panaji Page 8 of 12
Panandikar Group
ITA Nos.253 to 258 & 285 to 288/PAN/2019
AY 2011-12 and AY 2012-13 there were actual transfer of shares.
8. Considering the facts and circumstances of the case order of the Ld. CIT(A) is not acceptable since prosecution complaint is filed