TULIKA KEDIA, NEW DELHI,DELHI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, RAIPUR, RAIPUR
ITA 147/RPR/2025[2020-21]Status: DisposedITAT Raipur20 Nov 2025AY 2020-21
Bench: Shri Partha Sarathi Chaudhury, Jm & Shri Arun Khodpia, Am आयकर अपील सं. / Ita No: 147/Rpr/2025 (िनधा"रण वष" Assessment Year: 2020-21)
For Appellant: Shri S. R. Rao, AdvFor Respondent: Dr. Priyanka Patel, Sr. DR
Section 143(3)Section 153DSection 250Section 271BSection 44A
capital gains and income from other sources, therefore, the perception of Ld. AO that the assessee’s turnover exceeds the prescribed limit as per section 44AB was a misconception and the same cannot be logically concluded unless the Ld. AO look into various heads which are comprised in the amount of profit as per Profit & loss account. According
