PR. COMMISSIONER OF INCOME TAX vs. M/S ANKIT CHIRAG DEVELOPERS PVT. LTD.
The appeal is allowed to the extent indicated herein-above, leaving
ITA/8/2024HC Rajasthan13 Aug 2024
Bench: MANINDRA MOHAN SHRIVASTAVA,MADAN GOPAL VYAS
For Appellant: Mr. S. Rajeswara Rao, AdvocateFor Respondent: Mr. Ajay Kumrani, Advocate on behalf of Mr. Amit
Section 115Section 143(2)Section 143(3)Section 260ASection 69Section 69A
e) If the aforesaid conditions are satisfied, then, the value of
the bullion, jewellery or other valuable article may be deemed
as the income of the financial year in which the assessee is
found to be the owner;
(f) In the case of money, the money can be deemed to be the
income of the financial year;”
15. Having noticed
