PRINCIPAL COMMISSIONER OF INCOME TAX-9, KOLKATA vs. GITESH TIKMANI
In the result, these appeals are allowed and the substantial
ITAT/154/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
invested in the purchase of shares of
M/s. Jackson Investment Ltd. during October, 2012 and the shares were
sold only in the assessment year 2015-16 and not immediately after the
expiry of one year. It is pointed out that similar investment made by the
other assessees in Jackson Investment was subject matter of consideration
in appeals filed
