Finding of fact does not call for interference in an appeal under section 260A – HC Bombay

RELEVANT PARAGRAPH The following questions of law have been formulated in the appeal filed by the revenue against the judgement of the Income Tax Appellate Tribunal, dated 10th February 2009: “a) Whether, on the facts and circumstances of the case and in law, the Honourable ITAT was justified in treating the income from sale of 7,59,003 shares for Rs. 5,00,12,879/­ as an income from short term capital gain and sale of 3,88,797 shares for rs . 6,65,02,340/­ as long term capital gain as against the “Income from business ” assessed by the A.O.? b) Whether, on the facts and cir...