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Period of holding to be reckoned from ‘date of purchase’ & not from date of demat
Case Law Details
- Case Name
- Jafferali K. Rattonsey Vs DCIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All ITAT, ITAT Mumbai
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ITAT MUMBAI BENCH ‘J’
Jafferali K. Rattonsey v. DCIT
IT APPEAL NO. 5068 (MUM.) OF 2009
[ASSESSMENT YEAR 2006-07]
JANUARY 25, 2012
ORDER
R.K. Panda, Accountant Member – This appeal filed by the assessee is directed against the order dated 19.06.2009 of the Ld. CIT(Appeals)- Central II, Mumbai relating to Assessment Year 2006-07.
2. The grounds of appeals raised by the assessee are as under :
“1. The learned CIT(Appeals), erred in confirming the finding of the Assessing Officer in not considering the gains on the sale of shares of Rs. 4,94,51,910/- as long term capital ...
