NIPRA TRADING PRIVATE LIMITED,MUMBAI vs. NATIONAL FACELESS APPEAL CENTRE, DELHI
ITA 1620/MUM/2023[2011-2012]Status: DisposedITAT Mumbai08 Sept 2023AY 2011-2012
Bench: Shri Kuldip Singh & Shri Gagan Goyalassessment Year: 2011-12 M/S. Nipra Trading Private National Faceless Appeal Limited, Centre (Nfac), 501, Corporate Arena, Delhi D.P. Piramal Road, Vs. Bangur Nagar S.O., Goregaon, Mumbai – 400 104 Pan: Aabcn1311K (Appellant) (Respondent)
For Appellant: Mr. Gautam R. Mota, C.AFor Respondent: Mr. Ashok Kumar Ambastha, D.R
Section 112Section 115JSection 143(3)Section 147Section 154Section 2Section 250
erred in holding that equity shares of M/s. Visagar Polytex Ltd. in question are hit by 1st proviso to section 2(42)(A) for the purpose of computing the period of holding and consequently treating the gain as STCG?"
7. The Ld. CIT(A) has rejected the claim
