SMT. ANNAPURNA MAHESHWARI,INDORE vs. THE ACIT, 4(1), INDORE

In the result I.T.A.No.315/Ind/2012& I

Bench: Shri Kul Bharat & Shri Manish Borad

bogus. We therefore respectfully following the decision of Co-ordinate Bench and in view of our above finding set aside the order of the lower authorities and allow the ground raised by the assessee and direct the Ld. Assessing Officer to treat the alleged profit from sale and purchase of equity shares of IFCI Ltd at Rs.41

SHRI PRADEEP MAHESHWARI HUF,INDORE vs. THE ACIT 3(1), INDORE

In the result I.T.A.No.315/Ind/2012& I