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RU
ITAT Mumbai Deletes Section 68 Addition on Sunrise Asian Shares LTCG Claim
['Author Info', 'Name', 'Qualification', 'Company', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Sandeep Kanoi', 'August']
taxguruin
The assessee purchased 36,500 shares of M/s.
Santoshima Tradelinks Limited on 01.02.2012 for ₹7,30,000 through an account payee cheque.
The shares were subsequently dematerialised on 31.12.2012, following which Santoshima Tradelinks Limited amalgamated with M/s.
Sunrise Asian Limited.
After holding the shares for about 17 months, the assessee sold them through the online platf...