VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

gain through Scrips controlled and managed by you. term Ans. Generally, beneficiaries approached to the broker entry operators search of generation of capital in an easier manner without paying Brokers identify the various bogus scrips to provide in any tax on it. LTCG as the same is exempt from the tax. Kailash Auto is such scrips which is engaged

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

In the result, appeal of the assessee is allowed

gain through Scrips controlled and managed by you. term Ans. Generally, beneficiaries approached to the broker entry operators search of generation of capital in an easier manner without paying Brokers identify the various bogus scrips to provide in any tax on it. LTCG as the same is exempt from the tax. Kailash Auto is such scrips which is engaged

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

In the result, appeal of the assessee is allowed

gain through Scrips controlled and managed by you. term Ans. Generally, beneficiaries approached to the broker entry operators search of generation of capital in an easier manner without paying Brokers identify the various bogus scrips to provide in any tax on it. LTCG as the same is exempt from the tax. Kailash Auto is such scrips which is engaged

MOUSAMI CHOUDHURY,VARANASI vs. DY. CIT, RANGE - 2, VARANASI

In the result , the appeal filed the assessee in ITA No

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

deposited amounts in the said bank account opened in her name. It was also submitted that the assessee filed affidavit before learned CIT(A) narrating all the facts and background. The FIR was also lodged against such persons who misused her name and opened bank account fraudulently in the name of the assessee. It was submitted that even legal notices

MOUSAMI CHOUDHURY,VARANASI vs. DY. CIT, RANGE - 02,, VARANASI

In the result , the appeal filed the assessee in ITA No

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

deposited amounts in the said bank account opened in her name. It was also submitted that the assessee filed affidavit before learned CIT(A) narrating all the facts and background. The FIR was also lodged against such persons who misused her name and opened bank account fraudulently in the name of the assessee. It was submitted that even legal notices

M/S RAJENDRA PRASAD SRIVASTAVA,AZAMGARH vs. ACIT, RANGE - AZAMGARH, AZAMGARH

In the result, the appeal of the assessee is dismissed

Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2013-14 M/S Rajendra Prasad Srivastava, Vs. Asstt. Commissioner Of Income Sarfuddinpur, Near Railway Tax, Range-Azamgarh Station, Azamgarh-276001 Pan-Aakfr2986A (Appellant) (Respondent) Appellant By: Sh.Hari N. Singh Bisen, C.A. Respondent By: Sh. A.K. Singh, Sr. Dr Date Of Hearing: 11.01.2023 Date Of Pronouncement: 07.02.2023

cash memos etc., if coupled with other factors like absence of vouchers in support of the expenses and purchases and existence of low profit, may give rise to a legitimate inference that all is not well with the books and the same can be relied upon to assess the income, profits or gains of an assessee, the authorities would