This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Nature of profit from sale of shares depends on intention of acquisition of shares irrespective of its treatment in books
Case Law Details
- Case Name
- Assistant Commissioner of Income-tax, Circle-31(1), New Delhi Vs Manoj Kumar Samdaria (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2007-08
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
IN THE ITAT DELHI BENCH ‘E’
Assistant Commissioner of Income-tax, Circle-31(1), New Delhi
versus
Manoj Kumar Samdaria
IT APPEAL NO.1262 (DELHI) OF 2012
[ASSESSMENT YEAR 2007-08]
OCTOBER 5, 2012
ORDER
A.N. Pahuja, Accountant Member
This appeal filed on 14.03.2012 by the Revenue against an order dated 15th December, 2011 of the ld. CIT(A)-XXVI, New Delhi, raises the following grounds:-
“1. Whether in the facts and circumstances of the case, CIT(A) was justified in treating the income of Rs. 65,45,321/- from sale purchase of shares as income from short term capital gain as ...
