PRINCIPAL COMMISSIONER OF INCOME TAX-SILIGURI vs. SHEKHAR AGARWAL
In the result, these appeals are allowed and the substantial
ITAT/139/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
capital gains (LTCG) was computed for the Rs.
28,23,500/-. The assessing officer noted that within a short span to time of
17 to 21 months, the assessee managed to sell the shares with increased
value of about 2823% that to when the general market trend was recessive.
It appears that there were several such transactions which
