VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

assessment been enquired by the AO, then it was incumbent on the ld. PCIT that such a material was relevant piece of material. If this statement is to be taken as only relevant piece of evidence, then entire transaction of these shares in the stock exchange from last several years should be treated as bogus and this scrip was used

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

In the result, appeal of the assessee is allowed

assessment been enquired by the AO, then it was incumbent on the ld. PCIT that such a material was relevant piece of material. If this statement is to be taken as only relevant piece of evidence, then entire transaction of these shares in the stock exchange from last several years should be treated as bogus and this scrip was used

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

In the result, appeal of the assessee is allowed

assessment been enquired by the AO, then it was incumbent on the ld. PCIT that such a material was relevant piece of material. If this statement is to be taken as only relevant piece of evidence, then entire transaction of these shares in the stock exchange from last several years should be treated as bogus and this scrip was used

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.

reopened the assessment of the year under consideration on receiving an information that the assessee has paid Rs.90 lakhs to a person named Shri Kalu Hasan, Dhanpura for 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