JET AGE SECURITIES PRIVATE LIMITED vs. COMMISSIONER OF INCOME TAX, KOLKATA-III

In the result, the appeal filed by the assessee is allowed and the

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE SUPRATIM BHATTACHARYA

Long Term Capital Gains and Short Term Capital Gains in respect of its holdings in shares and securities and the own funds of the assessee were sufficient enough for investing in shares and securities. Further the CIT(A) observed that the Assessing Officer himself has treated the investment for more than 12 months to be falling under the head

PRINCIPAL COMMISSIONER OF INCOME TAX 9, KOLKATA vs. PUSPA DEVI TIKMANI

In the result, these appeals are allowed and the substantial