DCIT CIR - 6,KOLKATA., KOLKATA vs. M/S K.B. CAPITAL MARKETS LTD., KOLKATA
In the result, the appeal by the Assessee is partly allowed, while the appeal by the revenue is dismissed
ITA 1882/KOL/2012[2008-2009]Status: DisposedITAT Kolkata13 May 2016AY 2008-2009
Bench: Hon’Ble Sri N.V.Vasudevan, Jm & Shri Waseem Ahmed, Am] I.T.A No. 1882/Kol/2012 Assessment Year : 2008-09
For Appellant: Shri D.S.Damle, FCAFor Respondent: Shri Rajat Subhra. Biswas, CIT(DR) &
Section 10Section 111ASection 14ASection 94(7)
DEPRECIATION(AS PER ACCO 11,47,217.00
Expenses disallowed u/s 14A
825,00,965.00
Dividend Stripping u/s 94(7) 37,924.00
15,14,479.00
BUSINESS INCOME
226,57,496.00
CAPITAL GAINS
TOTAL CAPITAL GAINS
1089,05,015.00
LONG TERM CAPITAL GAINS
(EXEMPT U/s 10)
825,00,965.00
SHORT