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SUDHABAI C. JAIN,HUBLI vs. ITO, HUBLI

In the result, appeals filed by the assessee are allowed

ITA 295/BANG/2016[2007-08]Status: DisposedITAT Bangalore16 Sept 2016AY 2007-08

Bench: Smt. Asha Vijayaraghavanita No.295/Bang/2016 Ay 2007-08 Ita No.296 /Bang/2016 Ay 2008-09 Smt. Sudhabai C.Jain No. 62, 3Rd Cross, Arihant Nagar Keshwapur, Hubli . Appellant Vs. The Income Tax Officer Ward-3(2) Hubli . Respondent

For Appellant: Shri HN Khincha, C.AFor Respondent: Shri DK Jha, Addl. CIT

Section 10(34)Section 10(38)Section 132Section 143(1)Section 148Section 80C

80C Maximum 100000.00 ___________ Taxable Income 339901.00 *Short term capital loss on sale of shares (4365) 3. The Long Term Capital Gain on sale of shares and short term Capital Gain on sale of shares was in respect of shares purchased through a broker latter demated and then sold through a broker on a ITA No.295, 296, 297 & 298/B/16 3 stock