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