VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

GOPI KRISHNA VINOD KUMAR HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

ANJU JHUNJHUNWALA,VARANASI vs. PCIT, VARANASI

In the result, appeal of the assessee is allowed

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

VINOD KUMAR SARAF HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

SARVESH KUMAR AGARWAL HUF,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

ASHUTOSH MISHRA,LUCKNOW vs. CIT(A), VARANASAI

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

Bench: Shri B.R. Baskaran & Shri Amit Shuklaassessment Year: 2009-10 Ashutosh Mishra, Vs Assessing Officer, 3/144, Vinay Khand, Circle-3, Gomti Nagar, Varanasi. Lucknow – 226 010. Pan: Adgpm1827Q (Appellant) (Respondent) Assessee By : Shri Ashish Bansal, Advocate Revenue By : Shri A.K. Singh, Sr. Dr Date Of Hearing : 25.09.2023 Date Of Pronouncement : 26.09.2023 Order Per B.R. Baskaran, Am: The Assessee Has Filed This Appeal Challenging The Order Dated 05.02.2016 Passed By The Ld.Cit(A), Varanasi & It Relates To Assessment Year 2009-10. The Assessee Is Aggrieved By The Decision Of The Ld.Cit(A) In Confirming The Addition Of Rs.90 Lakhs Made By The Ao.

purchase of one property. Before the AO, the assessee appeared once and sought adjournment . Thereafter, the assessee did not appear and was seeking adjournment from time to time. The assessee also did not furnish any explanation with regard to the above-said alleged payment of Rs.90 lakhs. Hence, the AO completed the assessment to the best of his judgement