Bench: SHRI. LALIET KUMAR (Judicial Member), DR. MITHA LAL MEENA (Accountant Member)
capital gains without granting credit for cost of construction incurred from business income in earlier years; c) The trading results having been accepted, no separate addition under section 69A was sustainable. Reliance was placed on judicial precedents to support the submissions. 3.4 In response, the Ld. Departmental Representative (DR) supported the orders of the lower authorities and submitted that