INCOME TAX OFFICER-1(1), BHILAI, BHILAI vs. MANISH KUMAR MEHTA, HUF, DURG
In the result, appeal of the revenue is dismissed
ITA 342/RPR/2025[2012-13]Status: DisposedITAT Raipur07 Aug 2025AY 2012-13
Bench: Shri Partha Sarathi Chaudhuryआयकर अपील सं./Ita No.342/Rpr/2025 "नधा"रण वष" /Assessment Year : 2012-13 The Income Tax Officer-1(1), Bhilai (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. Manish Kumar Mehta Opportunity. Swami Atmanand English Medium School, Krishna Talkies Road, Risali, Bhilai (C.G.)-490 006 Pan: Aahhm3766Q ……""यथ" / Respondent
For Appellant: Shri Pratik Bakliwal, CAFor Respondent: Dr. Priyanka Patel, Sr. DR
bogus
LTCG/STCL provided through Penny stocks as "There was syndicate working in penny stock. At first level, client with unaccounted cash approach to the entry operators for getting LTCG. The entry operator0 turn approach a set of broker who are in their network. The brokers work in co- ordination with each other so that trades are time synchronized