COMMISSIONER OF INCOME TAX -II, GUWAHATI vs. M/S. ARIHANT INTERNATIONAL LIMITED , GUWAHATI
In the result, the appeal filed by the Revenue is dismissed
ITA 275/GTY/2018[2009-10]Status: DisposedITAT Guwahati19 Oct 2022AY 2009-10
Bench: Dr. Manish Borad & Sri Sonjoy Sarma
Section 143(2)Section 143(3)Section 147Section 148Section 250Section 43(5)Section 73
275/- should be treated as a speculation loss. This information was gathered by ld. AO on the basis of assessment proceedings carried out in the case of the assessee for AY 2010-11
and 2011-12. Accordingly, re-assessment proceedings were completed on 23.11.2015 disallowing the loss from future trading under F & O (Derivatives) and holding
