VISHWAMBHAR CHAUDHARI,KATIHAR vs. ITO, WARD-1(5), KATIHAR

In the result, the appeal of the assessee is allowed for statistical\npurposes

77,63,000/- was sold by\nthe assessee during the year under consideration. However, the Ld. AO\nnoticed that no capital gains was disclosed on such sale. Thereafter, the\nLd. AO assessed long term capital gain at Rs. 1,53,27,967/-.\n1.2 Aggrieved with this order, the assessee approached the Ld. CIT(A),\nwho has disposed of the appeal

SRIRAM ENTERPRISES,PATNA vs. PCIT (CENTRAL), PATNA

In the result, the appeal of the assessee is allowed

Bench: Dr. Manish Borad & Shri Sonjoy Sarmai.T.A. No. 76/Pat/2023 Assessment Year: 2018-2019 Sriram Enterprises,………………………..........Appellant C/O. Nirmal & Associates, Nepali Kothi, Opposite Gasoline Petrol Pump, Boring Road, Patna-800001 [Pan:Aarfs8853J] -Vs.- Principal Commissioner Of Income Tax (Central), Patna,…………………………………..……………..Respondent, Bihar-800001 Appearances By: Shri Nishant Maitin, C.A., Appeared On Behalf Of The Assessee Md. A.H. Chowdhary, Cit (D.R.), Appeared On Behalf Of The Revenue Date Of Concluding The Hearing : 5Th March, 2024 Date Of Pronouncing The Order: May 8Th, 2024 O R D E R

77,614/-. The Liability for Goods & Services is 39% of expenses for consumption of raw materials and Liability for Sub-Contract is 76% of sub-contract charges which is unusual. x x x x x x x x x x x x …………… Detail of Sundry Creditors above Rs.5,00,000/- (Sr. No.1