BRIG. (RETD.) JITENDRA KUMAR NARANG,NOIDA vs. ITO, WARD 11(3), PUNE, PUNE
In the result, the appeal filed by the assessee is allowed
ITA 228/PUN/2025[2007-08]Status: DisposedITAT Pune28 May 2025AY 2007-08
Bench: SHRI MANISH BORAD (Accountant Member), SHRI VINAY BHAMORE (Judicial Member)
For Appellant: Shri Sankalp Malik (Virtual)For Respondent: Shri Aviyogi Ambadkar
Section 143(1)Section 143(3)Section 147Section 148Section 154
capital gain on sale of mutual funds were made. Subsequently, on 11.09.2017 the Assessing Officer passed order u/s 154 by making addition on account of investment in purchase of mutual fund of Rs.5,30,000/- to the income of the assessee thereby revising the income to Rs.10,94,290/- which was originally assessed at Rs.5,64,290/-. We further find