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

transfer thereof is short-term capital gains. Hence any period of less than 12 months, be it a few days or few months is of holding the shares does not make any difference, in any case, the transaction would result in short-term capital gains. Further the ITA/83/2010 REPORTABLE Page 39 of 60 assessee contended that short-term capital gains

PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S.AHINSA VINIMAY PVT.LTD.

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

47-50 EPIP AREA, WHITEFIELD BANGALORE-560 066 PAN No.AAACN7425M. …RESPONDENT (BY SRI. MALLAHARAO K, ADV. FOR NAGESWAR RAO, ADV.,) Date of Judgment 30-08-2018, ITA No.132/2018 Pr. Commissioner of Income Tax-5 & Another Vs. M/s Novo Nordisk India Pvt. Ltd., 2/11 THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING