RACHNA GOYAL,JODHPUR vs. ITO, WARD-1(2), JODHPUR
In the result, the appeal is dismissed
ITA 529/JODH/2023[2013-14]Status: DisposedITAT Jodhpur25 Jun 2025AY 2013-14
Section 132Section 133ASection 142(1)Section 147Section 148Section 151Section 250Section 68
transferred to the beneficiary at a very nominal price mostly off-line through
preferential allotment or off-line sale. The beneficiary (an individual) holds the
shares for one year, the statutory period after which LTCG is exempt u/s 10(23)
of the Income Tax Act, 1961. In the meantime, the operators rig the price of the stock
and gradually rise
