Case Law Details
Case Name : Karan R. Bahl Vs ITO (ITAT Mumbai)
Appeal Number : I.T.A. No. 7334/Mum/2011
Date of Judgement/Order : 21/07/2013
Related Assessment Year : 2008- 09
Courts :
All ITAT ITAT Mumbai
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In the instant case, all the shares have been bought by the assessee in the regular course of his business, employing common funds, depositing them in the same D-Mat account, and even through the same broker and infrastructure. New shares are purchased deploying funds realized on the sale of such shares.
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