ANALJIT SINGH,DELHI vs. DCIT, CIRCLE- 16(2), DELHI
In the result, the appeal of the assessee is partly allowed
ITA 4737/DEL/2017[2014-15]Status: DisposedITAT Delhi01 Dec 2017AY 2014-15
Bench: Shri Amit Shukla & Shri O.P.Kant
Section 143(3)Section 2Section 50D
68,789 equity shares of SBPL (i.e. 4,100
Original
Shares and 15,67,64,689
Rights
Shares) was Rs.997,92,44,200and the long term capital gains on sale of SBPL shares amounting to Rs.7,82,92,66,249 was offered to tax under section 45 read with section 48 of the Act.
20. After narrating
