ACIT, NEW DELHI vs. M/S. PURAN ASSOCIATES PVT. LTD., NEW DELHI
In the result, the appeal of the Revenue is partly allowed for statistical purposes
ITA 5054/DEL/2015[2011-12]Status: DisposedITAT Delhi20 Aug 2018AY 2011-12
Bench: Shri Amit Shukla & Shri O.P. Kant
For Appellant: Ms. Paramita Tripathi, CIT-DRFor Respondent: Shri M.P. Rastogi, Adv
Section 10(38)Section 111ASection 143(3)Section 14A
10,13,29,232
Long Term Capital Gain on sale of shares of ABN Amro Securities Pvt. Ltd.
2,93,99,990
Short Term Capital Gain
2,02,28,140
Total
1,21,87,78,509
17. Now, it has been well settled that if the shares which has been acquired and treated as investment from day one and held