DUSHYANT BHARATBHAI MEHTA,RAJKOT vs. ITO WD-(2)(1)(2) , RAJKOT
In the result, appeal filed by the assessee, is allowed
ITA 422/RJT/2024[2015-2016]Status: DisposedITAT Rajkot30 Jun 2025AY 2015-2016
Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपीलसं./Ita No.422/Rjt/2024 (निर्धारणवर्ष / Assessment Year: (2015-16) Dushyant Bharatbhai Mehta (Physical Hearing) C/O Bhabha Fashions 34/35 Bhabha Bazzar, Ghee Kanta Road, Vs. The Ito, Ward -2(1)(2), Aaykar Bhawan, Rajkot Rajkot 360001 (Gujarat) स्थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ahgpm4763P (Assessee) (Respondent) Assessee By Respondent By : Shri Vijay Mehta, Ld. Ar : Shri Abhimanyu Singh, Yadav, Ld. Sr. Dr Date Of Hearing : 01/05/2025 Date Of Pronouncement : 30/06/2025 आदेश / Order Per, Dr. A. L. Saini, Am: By Way Of This Appeal, The Assessee Has Challenged Correctness Of The Order Dated 27-05-2024 Passed By The Learned Cit(A), In The Matter Of Assessment Under Section 143(3) Of The Income Tax Act 1961, For The
For Respondent: Shri Vijay Mehta, Ld. AR
Section 142(1)Section 143(1)Section 143(3)Section 54Section 54BSection 54F
54G, 54A, (ii) Sale
consideration of property in ITR is less then consideration reported in Form No.
26QB. (iii). Substantial increase in capital in a year.
4. Accordingly, a notice u/s 143(1) of the Act was issued on 19.09.2016 and
duly served upon the assessee. The notices u/s 142(1) of the Act, calling for
various details were issued
