2021 (7) TMI 1439

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..... 011 and has sold them at Rs. 310/Rs. 311 in July, 2014 - HELD THAT:- As stated earlier, none appeared on behalf of the assessee. We heard Ld. D.R. who supported the orders passed by the tax authorities. We notice that the assessee has not filed any evidence/material to controvert the findings given by Ld. CIT(A). Under these set of facts, we have no other option but to confirm the order passed by .....

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..... se of the appeal ex-parte, without the presence of the assessee. 3. The facts relating to the issue are stated in brief. The assessee had sold shares of M/s. Jackson Investment Ltd. And declared long term capital gain of Rs. 61,73,539/-. The assessee claimed the same as exempt u/s 10(38) of the Act. The A.O. noticed that M/s. Jackson Investment Ltd. was found to be one of the scrips whose tradi .....

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