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1 result for “capital gains”+ Section 271D(2)clear

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Key Topics

Section 269S6Section 271D4

BHARATBHAI RAVATBHAI KHACHAR,RAJKOT vs. THE ITO, WARD 1(2)(1), RAJKOT, RAJKOT

In the result, the appeal filed by the assessee is allowed, for statistical\npurpose

ITA 263/RJT/2024[2016-17]Status: DisposedITAT Rajkot06 May 2025AY 2016-17
For Appellant: Shri D. M. Rindani, Ld. ARFor Respondent: Shri Abhimanyu Singh Yadav, Ld. Sr. DR
Section 269Section 269SSection 271D

capital gains to tax, penalty imposed under section 271D was\nunsustainable in law”\n9. We have gone through carefully the submission on behalf of the assessee and\nvarious facts of the case including findings of the Ld.CIT(A), where the order of\nthe AO was confirmed, and other material brought on record. We note that the\npenalty levied u/s. 271D