KAMLESH KUMAR,PATNA vs. ITO WARD- 6 (4), PATNA

In the result, the appeal filed by the assessee is allowed for\nstatistical purposes

Capital Gain as assumed, ascertained\nand computed hypothetically by the Ld. A.O. could not be brought to tax\nU/Sec. 45 r.w.s. 48 of the Income - tax Act, 1961.\n11. It is further submitted that all these detailed submissions were made\nbefore the learned CIT(A), however, the learned CIT(A) has failed to\nappreciate the facts of the case