The Commissioner of Income Tax III, vs. M/s. Swagath Seeds Private Limited
ITTA/346/2010HC Telangana14 Mar 2016
Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY
Section 2(14)Section 260Section 64(1)(IV)
unexplained
investment
in
Harey
estate
of
Rs.9,45,000/-(Point 15)
Assessee’s submissions may be accepted.”
9. Thus, from perusal of the report submitted by the
Assessing Officer himself, it is evident that, if the Remand
Report is accepted with regard to long term capital gains