RAMESH G PORWAL,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,
In the result, the appeal of the assessee is partly allowed
ITA 1727/PUN/2014[2005-06]Status: DisposedITAT Pune16 Mar 2018AY 2005-06
Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am
For Appellant: Shri R.G. NaharFor Respondent: Shri Dr. Vivek Aggarwal
Section 143(3)Section 14A
section 111A for transactions entered into after 01.10.2004 i.e. the date on which Chapter VII of the Finance Act 2004 came into force. There are certain other issues, as pointed out by the Assessing Officer, which should not be lost sight of and are relevant for deciding the issue. The appellant has taken full advantage of business losses