THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. JOSE THOMAS
ITA/46/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
iv) of sub-section (1) of section 49shall be
taken to be nil;
(aa) in a case where, by virtue of holding a capital asset, being a share or any other
security, within the meaning of clause (h) of section 2 of the Securities Contracts
(Regulation) Act, 1956 (42 of 1956) (hereafter in this clause referred to as the
financial
