M/S.SHEETAL REAL vs. INCOME TAX OFFICER

In the result, the appeal fails and the substantial questions of law

Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE R.K.PATTANAIK

price. Further, the volume and frequency of transactions also leads to the conclusion that it is apparent that the transactions are not one of investment but it is that of trading. Dealing with the argument of the assessee that 95% of its gains were by way of long-term capital gains, the CIT(A) held that the motive of those

MAHESWAR PANDA vs. I.T.O., WARD-2(1)

Bench: DR. JUSTICE B.R.SARANGI,MR. JUSTICE GOURISHANKAR SATAPATHY

II (2016) ACC 495 (Uttrakhand High Court); National Insurance Company Ltd. vs. Chandramma etc., IV (2016) ACC 293 (Kar.); New India Assurance Company Ltd. vs. Thotapalle etc., III (2015) ACC 23 (AP); Daulat Ram vs. Rameshwar Sharma and others IV (2014) ACC 871 (MP) National Insurance Company Ltd. vs. Cholleti Bharatamma & others, Civil Appeal nos.4845-4847