Holding period for purposes of computation of capital gain is relevant only in relation to shares held as investment

CASE LAWS DETAILS

DECIDED BY: ITAT, `G’ BENCH, MUMBAI, IN THE CASE OF: Walfort Financial Services Ltd. Vs. Addl. CIT , APPEAL NO: ITA No. 847/M/2009, DECIDED ON June 30, 2010

_______ORDER________

PER RAJENDRA SINGH (AM)

These crOss appeals are directed against the order dated 20.11.2

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