PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA vs. KRISHNA KUMAR PARSURAMKA
In the result, these appeals are allowed and the substantial
ITAT/130/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
purchased 50,000
shares in Surabhi Chemicals of Rs. 1,00,000/- on 16.03.2012 and
14.08.2012 and just after completion of one year and few months, when the
investment in shares become eligible for LTCG, it was sold for Rs.
29,23,500/- and total LTCG was computed for Rs. 28,23,500/- and in that
process, the assessee
