RUBY JAIN,AGRA vs. INCOME TAX OFFICER, WARD 1(1)(3), AGRA
In the result, the questions referred to us are answered as follows :
ITA 128/AGR/2025[2015-16]Status: DisposedITAT Agra21 Jan 2026AY 2015-16
Bench: Shri M. Balaganeshruby Jain, Vs. Income Tax Officer, 1/78A, Kale Ka Tall, Delhi Ward-1(1)(3), Gate, Agra Agra (Appellant) (Respondent) Pan: Aevpj4936P Assessee By : Shri K. K. Jain, Adv Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 19/01/2026 Date Of Pronouncement 21/01/2026
For Appellant: Shri K. K. Jain, AdvFor Respondent: Shri Anil Kumar, Sr. DR
Section 10(38)Section 143(3)Section 68Section 69C
90,061/- and claimed the same as exempt u/s 10(38) of the Act.
f.
HPC Biosciences Ltd is a scrip listed on Bombay stock
Exchange (BSE).
g.
The shares were sold by the assessee in secondary market, through a stock broker duly registered with SEBI in the recognised stock exchange.
h.
The sale transaction carried out in secondary market