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Loss from trading in Shares to Dr. Reddy held as speculative in view of Explanation to S. 73
Case Law Details
- Case Name
- Dr. Reddy's Laboratories Ltd. Vs Additional Commissioner of Income-tax (ITAT Hyderabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 1997-98 to 1999-2000
- Courts
- All ITAT, ITAT Hyderabad
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IN THE ITAT HYDERABAD BENCH ‘B’
Dr. Reddy’s Laboratories Ltd.
Versus
Additional Commissioner of Income-tax
IT APPEAL NOS. 1289 & 1384 to 1386 (HYD.) OF 2011
[ASSESSMENT YEARS 1997-98 to 1999-2000]
OCTOBER 31, 2012
ORDER
Chandra Poojari, Accountant Member
ITA Nos. 1384 to 1386/Hyd/2011 are by the assessee directed against different orders of the CIT(A)-II, Hyderabad and ITA No. 1289/Hyd/2011 is by the Revenue directed against the order of the CIT(A)-II, Hyderabad dated 26.4.2011 for assessment years 1997-98 to 1999-2000.
2. The common ground in all the thr...
