PRINCIPAL COMMISSIONER OF INCOME TAX 1 vs. M/S. KNSD ENTERPRISES PVT. LTD.
ITA/9/2022HC Orissa08 Feb 2023
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE MURAHARI SRI RAMAN
Section 5
condoned longer period of delay in similar penny
stock cases. However, in the instant case, we find that the
assessee’s
alleged
fictitious
long
term
capital
gain
