Case Law Details
Case Name : CIT Vs Anuj A. Sheth HUF (Bombay High Court)
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All High Courts Bombay High Court
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For working out application of proviso to Sec.112, there is nothing in section which would deprive assessee of indexation claimed on sale of shares where there was a resultant loss
HIGH COURT OF BOMBAY,
CIT Vs Anuj A. Sheth HUF,
ITA No. 2285 of 2009,
April 7, 2010
ORAL JUDGEMENT (Per DR. D.Y. CHANDRACHUD, J.):
1. Admit. The following question of law will arise in the appeal filed by the Revenue under Section 260A of the Income Tax Act, 1961 :
“Whether the assessee’s claim of computation of long term capital gains on the sale of shares, other than the bonus shares...
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