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Case Law Details

Case Name : ACIT vs. Vineet Sureshchandra Agarwal (ITAT Ahmedabad)
Appeal Number : ITA No. 1442/Ahd/2013 & CO No. 209/Ahd/2013
Date of Judgement/Order : 06/01/2017
Related Assessment Year : 2005-06
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Purchase and sale of shares outside the floor of Stock Exchange is not an unlawful activity. Off-market transactions are not illegal. It is always possible for the parties to enter into transactions even without the help of brokers.

When the transactions were of

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