PR COMMISSIONER OF INCOME TAX vs. KESHAV DUTT SHREEDHAR

Bench: Hon’Ble Ms. Justice Sabina & Hon’Ble Mr. Justice Satyen Vaidya Income Tax Appeal No. 11 Of 2020 Between:- Pr. Commissioner Of Income Tax, Shimla. ….Appellant (By Sh. Vinay Kuthiala, Senior Advocate With Ms. Vandana Kuthiala, Advocate)

Section 260-A of the Act to answer the following question, which according to the Revenue forms substantial question of law:- “i) Whether on the facts and circumstances of the case, the Hon’ble ITAT is right in holding that there should be a live link between the amount of capital gain