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Case Law Details

Case Name : CIT Vs. Suresh R. Shah (Bombay High Court)
Appeal Number : Income Tax Appeal No. 1974 OF 2011
Date of Judgement/Order : 20/06/2012
Related Assessment Year :
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Tribunal after examining the evidence upheld the order of CIT(A) and concluded that the respondent was an investor in shares and entitled to be taxed under the head capital gains in respect of purchase and sale of shares. The Tribunal after examining the facts found that the respondent had not borrowed any funds for

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