9911796707
TMI Blog2022 (10) TMI 1142X X X X Extracts X X X X X X X X Extracts X X X X ..... enue O R D E R Per Rajpal Yadav, Vice-President (KZ):- The assessee is in appeal before the Tribunal against the order of ld. Commissioner of Income Tax (Appeals)-14, Kolkata dated 04.04.2019 passed for assessment year 2014-15. 2. This appeal was listed on the Board on 26.11.2019. Thereafter it has been fixed almost more than twenty times. There is no response at the end of the assessee to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A perusal of the record would suggest that in May, 2012, the assessee had purchased equity shares of M/s. CAPL from M/s. Jatadhari Marketing (P) Limited @ Rs.1/- per share. This CAPL later on amalgamated with M/s. Kailash Auto Finance Limited (KAFL). Thus ultimately in Accounting Year relevant to A.Y. 2014-15, the assessee has sold shares of M/s. Kailash Auto Finance Limited. She has earned a cap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ti Bajaj & Others (2022) 139 taxmann.com 352(Cal.). One of the scrips dealt with by the Hon'ble High Court relates to Kailash Auto Finance Limited. In a number of appeals, we have also rejected the claim of the assessees, namely ITA Nos. 2552/KOL/2018, 1122/KOL/2018, 2093/KOL/2019, 2104/KOL/2018, 868/KOL/2019, 341/KOL/2018, 1673/KOL/2019. In ITA No. 2093/KOL/2019, the assessee transacted the share ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
