COMMISSIONER OF INCOME TAX , KOL - III, KOL vs. M/S. MEENAKSHI TEA CO. LTD

Appeal is dismissed”

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

house property”, 5 “Capital gains” and “Income from other sources” hence the explanation to Section 73 will not be applicable to the case of the appellant and accordingly the loss on trading of share cannot be termed as speculation loss”. The Tribunal confirmed such finding of the CIT (Appeals) made on facts. In the circumstances, we find no substantial question

PRINCIPAL COMMSSIONER OF INCOME TAX KOL 2 KOLKATA vs. INDIAN BANK

In the result, the appeal filed by the revenue is dismissed and the