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
253 (SC)
ITA/83/2010
REPORTABLE
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the total capital gains, the income by way of long-term capital gains was Rs.
4.39 crores that is about 95% and it cannot be said that the period of
holding was small. Further, it was contended that the assessee being a
listed company are expected to carry each and every activity
