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
160 crores
during the year under consideration. The assessee has made investments in
shares and mutual funds and on the realization of investment, whatever
profit or loss was incurred by the assessee was offered as long term/short
term capital gains/loss. The assessee referred to a chart of long-term capital
gain which was prepared for the transaction in respect
