The Pr. Commissioner of income Tax-4 vs. M/s. Pavani Structurals Pvt. Ltd.

Accordingly, the appeal fails and is dismissed

Bench: :

penny stocks and that the assessee, who was specialized in dealing in shares, would have no justifiable reason to deal in such scrips taken cumulatively lead to the inescapable conclusion that the transaction of purchase of the said scrip by the assessee was managed and fabricated to claim bogus loss ? We have heard Mr. Soumen Bhattacharjee, learned standing counsel appearing

Sri Natakari Gopal vs. Income Tax Appellate Tribunal and 2 Others

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Hiranmay Bhattacharyya Date : 3Rd January, 2023. Appearance : Mr. Tilak Mita, Adv. ..For Appellant Mr. Pranit Bag , Adv. Mr. A. K. Mishra, Adv. Mr. Debdatta Saha, Adv. …For Respondent Re: Ga/1/2022 The Court:- Heard Mr. Tilak Mitra, Learned Advocate For The Appellant & Mr. Pranit Bag, Learned Advocate For The Respondent. There Is A Delay Of 1126 Days In Filing The Appeal. Though The Reasons Given In The Affidavit Are Not Convincing The Issues Involved In The Appeal Had Been Decided By This Court In Earlier Matters, This Court Exercises Discretion & Condone The Delay In Filing The Appeal. Accordingly, The Application Is Allowed.