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
capital gains from
listed equities in the tax net. Reference was made to the speech of the
Hon’ble Minister of Finance during the Budget 2022-23 wherein the Hon’ble
Minister had referred to “Mahabharat” and the duty of the tax payer for
voluntary compliance of the tax liability. Reliance was placed on the decision
