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
4 the Tribunal holds that there is no merit in the argument of the
revenue as the assessee has placed on record the relevant contract notes
proper documentary evidence undertaking purchase/ sale of the shares
through registered brokers by banking channels, D-Mat statement etc. and
there is nothing to pinpoint anything against the assessees. The learned
Tribunal referred
