MAX FINANCIAL SERVICE LIMITED ,NAWANSHAHR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -1, JALANDHAR
In the result, the appeal of the assessee is therefore partly allowed
ITA 121/ASR/2020[2015-16]Status: DisposedITAT Amritsar31 Mar 2021AY 2015-16
For Appellant: Shri Deepak ChopraFor Respondent: Smt.Prabhjot Kaur, CIT
Section 143(3)Section 263
Price
Acquisition
Shares
Acquisition share during the year
1-12-2005
36
7,21,290
500 euros
878.64
33,388
31-08-2006
2
33,27,46,972
500 euros
31-03-2014
2323
7,23,24,900
500 euros
878.64
20,41,087
2361
The above table shows the adjustments made by the assesses to book both short term