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
1) was issued on
several dates and the case was discussed with the authorised representative
of the assessee. During the course of assessment proceedings several
queries were raised by the assessing officer and in this appeal we are
concerned about the issue as to whether the profit of Rs 4,32,09,144/- on
sale of shares in six companies
