VIJESH VITHAL TALAULICAR,PANAJI vs. ACIT, CIRCLE - 1(1), PANAJI
In the result, appeal of the assessee is allowed in terms of our aforesaid observations
ITA 230/PAN/2017[2010-11]Status: DisposedITAT Panaji31 Mar 2022AY 2010-11
Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकर अपील सं. / Ita No. 230/Pan/2017 "नधा"रण वष" / Assessment Year : 2010-11 Shri Vijesh Vithal Talaulicar Shri Ramnath Sadan, Dr. Dada Vaidya Road, Panaji, Goa Pan : Aaxpt9647D .......अपीलाथ" / Appellant बनाम / V/S. The Asst. Commissioner Of Income Tax, Circle-1(1), Panaji. ……""यथ" / Respondent
For Appellant: Shri D.E. Robinson, ARFor Respondent: Shri Sourabh Nayak, Sr. DR
Section 143(2)Section 143(3)
47,467/- as his “Dead
Stock” and not as “capital Asset”.
2. Briefly stated, the assessee had filed his return of income for the assessment year 2010-11 on 28.03.2011, declaring an income of Rs.58,03,780/-. Subsequently, the case of the assessee was selected for scrutiny assessment u/s. 143(2) of the
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Vijesh Vithal Talaulicar Vs. ACIT, Circle
