PRINCIPAL COMMISSIONER OF INCOME TAX, SILIGURI vs. SRI SATYA NARAYAN SARIA
In the result, these appeals are allowed and the substantial
ITAT/168/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
1, 2018 wherein it was pointed out that
the total amount of exempted capital gains from listed share and units is
around Rs. 3,67,000 crores as per the returns filed for the assessment year
2017-18 and major part of this gain has accrued to corporates and LLPs and
this has also created a bias against manufacturing, leading
