ALOK KUMAR,ARRAH vs. ITO, WARD-1(4), ARRAH

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

72 Decimal at Mouza Anaith at Arrah was put on sale by its Power of Attorney holder Shri Mahesh Kumar Sharma. This Tribunal is not adjudicated any issue regarding genuineness of that sale nor it is deciding the title. It is only deciding the tax implication, if any, fallen in the hands of Shri Alok Kumar by virtue of that

PRABHAT KUMAR,PATNA vs. ACIT, CIRCLE-4, PATNA

Appeal is allowed\nfor statistical purposes

72,34,608 (Actual cost of improvement Rs.12,01,200 X 264/184)\nclaimed by the appellant in its return of income for the purpose of long term capital\ngain and taxing the same as capital gain, notwithstanding the fact that the\nappellant has given sufficient documentary evidences before the Id assessing\nofficer to substantiate the claim of cost of improvement

MAHENDRA PRASAD,EAST CHAMPARAN vs. ASSESSMENT UNIT, ITD, DELHI, DELHI

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri George Mathan & Shri Rakesh Mishra

Gains from I.T.A. No.: 717/PAT/2024 Assessment Year: 2021-22 Mahendra Prasad. Business or Profession" and income of Rs. 5,00,466/- under the head "Income from Other Sources". The assessee had offered logistics services (transport) to the Bihar State Food & Civil Supplies Corporation Ltd. in Motihari and the Bihar State Warehousing Corporation in Patna, in addition to engaging in wholesale