SHRI MILAP HARESHKUMAR SOMAIYA,JAMNAGAR vs. THE ACIT, CIRCLE-1, JAMNAGAR

In the result, the appeal filed by the Assessee is allowed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year (A.Y) 2016- 17. I.T.A No. 20/Rjt/2020 A.Y. 2016-17 Page No 2 Milap Hareshkumar Somaiya vs. Asst. CIT 2. The brief facts of the case is that the assessee is a doctor by profession and showing professional income, trading