M/S.SHEETAL REAL vs. INCOME TAX OFFICER
In the result, the appeal fails and the substantial questions of law
ITA/83/2010HC Orissa08 Feb 2022
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE R.K.PATTANAIK
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 260ASection 372A
penny stocks. However, no
material has been cited or referred to come to such a finding. The learned
tribunal while examining the correctness of the same had rightly held that
the CIT(A) has not doubted the genuineness of the transactions and
ITA/83/2010
REPORTABLE
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therefore the only question would be whether the transaction