VIKAS SHARMA, DURG,DURG vs. INCOME TAX OFFICER-1(2), BHILAI, DURG
In the result, appeal of the assessee is allowed in terms of our aforesaid observations
ITA 256/RPR/2023[2015-16]Status: DisposedITAT Raipur25 Oct 2023AY 2015-16
Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 256/Rpr/2023 "नधा"रण वष" / Assessment Year : 2015-16 Vikas Sharma Quarter No.6-A, Ruabandha Sector, Bhilai, Dist. Durg (C.G.)-490 006 Pan : Ddcps1720P .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-1(2), Bhilai, Durg (C.G.) ……""यथ" / Respondent
For Appellant: S/shri Sakshi Gopal Aggarwal &For Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 143(3)Section 250Section 271(1)(c)Section 274Section 68
cash deposit in his bank account: Rs.10,20,000/-; and (ii) undisclosed profit on share trading: Rs.4,57,027/-, income of the assessee was determined at Rs.18,34,867/-. The A.O. at the time of culminating the assessment proceedings, initiated penalty proceedings u/s.
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