GREAVES COTTON LTD,MUMBAI vs. ASST CIT 7(1)(1), MUMBAI
In the result appeal for assessment year 2012 –
ITA 1745/MUM/2016[2011-12]Status: DisposedITAT Mumbai25 Jul 2023AY 2011-12
Bench: Shri Prashant Maharishi, Am & Ms Kavitha Rajagopal, Jm
For Appellant: Ms. Aarti Vissanji, Ms. Aastha &
Section 144CSection 35Section 92CSection 92C(3)Section 92F
transfer pricing adjustment of ₹ 2,678,899 is restored back to the file of the learned TPO/AO.
022. Coming to ground number B which is against the short- term capital gain treated as business income amounting to ₹ 23,870,858 on account of redemption of the units of the mutual fund. The fact shows that assessee is engaged
