5 results for “section 68”+ Section 144(3)clear
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Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE R.K.PATTANAIK
144/- should be treated as long-term capital gains or business profit. The Assessing Officer pointed out that the ITA/83/2010 REPORTABLE Page 3 of 60 assessee has shown long-term and short-term capital gains from sale and purchase of shares and units of mutual funds. The assessee issued show- cause notice to justify as to why the profit