VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

2,00,000 (exit entries) shares in M/s Kailash Auto Finance Ltd. m. Copy of ledger A/c of Gopi Krishna Vinod Kumar (HUF) 247-249 maintained by Anuriti Multy Broking Pvt. Ltd. in their books. 250-251 n. Copy of Consolidated Statement of Sales and payment of 252 consideration to appellant, as provided by Anuriti Multy Broking

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

In the result, appeal of the assessee is allowed

2,00,000 (exit entries) shares in M/s Kailash Auto Finance Ltd. m. Copy of ledger A/c of Gopi Krishna Vinod Kumar (HUF) 247-249 maintained by Anuriti Multy Broking Pvt. Ltd. in their books. 250-251 n. Copy of Consolidated Statement of Sales and payment of 252 consideration to appellant, as provided by Anuriti Multy Broking

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

In the result, appeal of the assessee is allowed

2,00,000 (exit entries) shares in M/s Kailash Auto Finance Ltd. m. Copy of ledger A/c of Gopi Krishna Vinod Kumar (HUF) 247-249 maintained by Anuriti Multy Broking Pvt. Ltd. in their books. 250-251 n. Copy of Consolidated Statement of Sales and payment of 252 consideration to appellant, as provided by Anuriti Multy Broking

SHAMIMUL FATIMA,GORAKHPUR vs. ACIT, RANGE - 02, GORAKHPUR

In the result the appeal of the assessee is allowed

2) of the Act that the capital gains should be deposited in the CGAS scheme is merely an enabling provision. If the assessee shows during assessment proceedings that the capital gains have been reinvested in the new residential house, exemption cannot be denied merely the amount was not deposited in the CGAS. In this case it is a fact that

AWADHESH KUMAR,BALLIA vs. ITO, WARD - 2(4), BALLIA

Bench: Shri.Vijay Pal Raoassessment Year: 2016-17 Awadhesh Kumar, V. Income Tax Officer, Arya Samaj Road, Ballia, Ward-2(4), Ballia, U.P. Uttar Pradesh Pan-Athpk1294N (Appellant) (Respondent) Appellant By: Sh. Praveen Godbole, C.A. Respondent By: Sh. A.K. Singh, Sr. Dr Date Of Hearing: 12.10.2022 Date Of Pronouncement: 14.10.2022 O R D E R

2. The only issue arises in this appeal of the assessee is regarding the addition made by the AO to the short term capital gain declared by the assessee by taking the stamp duty valuation as full value consideration under section 50C of the Income Tax Act as against the sale consideration shown in the sale deeds. 3. The assessee

M/S AVANTIKA INFRAVENTURE (P) LTD.,,ALLAHABAD vs. DCIT, CENTRAL CIRCLE,, VARANASI

In the result, the appeals of the assessee for the Assessment Years

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

2 arid para 3 respectively of its reply dated 02.11.2018 has failed to state M/s Avantika Infraventures (P) Ltd. any reason or establish any relation for advancement of such loan. Again in its reply dated 22.11.2018 the assessee has submitted that, "It is pertinent to mention that the assessee company has received/made interest free loan/advances from Tulsiani Construction & Developers

M/S AVANTIKA INFRAVENTURE (P) LTD.,,ALLAHABAD vs. DCIT, CENTRAL CIRCLE,, VARANASI

In the result, the appeals of the assessee for the Assessment Years

Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar

2 arid para 3 respectively of its reply dated 02.11.2018 has failed to state M/s Avantika Infraventures (P) Ltd. any reason or establish any relation for advancement of such loan. Again in its reply dated 22.11.2018 the assessee has submitted that, "It is pertinent to mention that the assessee company has received/made interest free loan/advances from Tulsiani Construction & Developers