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2016 (11) TMI 1699

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..... f the CIT (A) to rely on the said Tribunal's decision (supra) for the AY 2007-08 is fair and reasonable and it does not call for any interference. Accordingly, grounds raised by the Revenue are dismissed. - I.T.A. No. 2561/M/2014 - - - Dated:- 18-11-2016 - Shri D. Karunakara Rao, Accountant Member And Shri C.N. Prasad, Judicial Member For the Appellant : Shri Akhilendra Yadav, DR. .....

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..... only issue raised in this appeal relates to the CIT (A)'s decision in following the decision of the ITAT in the assessee's own case the for the earlier assessment years in granting relief to the assessee in respect of income earned on share transactions. Brief facts in this regard are that the assessee earned income out of the trading in share transactions and the same was offered as capit .....

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..... 4. On the other hand, Ld DR for the Revenue relied on the order of the AO. 5. We have heard Ld DR for the Revenue and perused the orders of the Revenue Authorities as well as the relevant material placed before us. On perusal of the contents of paras 6 and 7 of the CIT (A), we find, Ld DR has not brought any material to demonstrate that the facts are not identical to the case decided by the Tr .....

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