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Case Law Details

Case Name : The Pr. Commissioner of Income Tax (Central) Vs. Sh. Hitesh Gandhi (Punjab and Haryana High Court)
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The Pr. CIT (Central) Vs. Sh. Hitesh Gandhi (Punjab and Haryana High Court)

Assessing Officer was not able to contradict the facts regarding purchase of shares and sale thereof. Further, it was recorded that the assessee had sold shares through MTL shares and Stock Broker limited which is a SEBI registered Stock Broker. The payment for sale of shares was received through banking channels. All the documentary evidence being in favor of assessee, the deletion of the addition made by the CIT(A) was upheld by the

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