MANISH PUNJABHAI ODEDRA,PORBANDAR vs. INCOME TAX OFFICER WARD 2(4), PORBANDAR, GUJARAT
In the result, the appeal filed by the assessee is allowed
ITA 187/RJT/2025[2015-16]Status: DisposedITAT Rajkot28 Oct 2025AY 2015-16
Section 143(2)Section 143(3)Section 69A
bogus loss of Rs.61,00,086/- which was settled by depositing cash in the\nbank account and unsecured loan. The assessee's claim of loss is nothing but a\nbogus loss. Accordingly, the addition of Rs. 61,00,086/- was confirmed by\nld.CIT(A).\n8. Aggrieved by the order of the learned CIT(A), the assessee is in further appeal
