2013 (8) TMI 1003

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....eal has been preferred by the appellant-revenue challenging the impugned judgment and order dated 15/05/2012 passed by the Income Tax Appellate tribunal in ITA No.937/AHD/2009 for the Assessment Year 2005-06. 2. With respect to the Assessment Year 2005-06, the assessee filed the return of the income showing the total taxable income at Rs. 19,71,150/-. At the end of the assessment proceedings, the....

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....ng aggrieved and dissatisfied with the order passed by the CIT(A) in deleting the aforesaid additions, the revenue preferred appeal before the Income Tax Appellate Tribunal and by impugned judgment and order, the Income Tax Appellate Tribunal has dismissed the said appeal confirming the order passed by the CIT(A). Being aggrieved and dissatisfied with the impugned judgment and order passed by the ....

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....ommitted by the CIT(A) as well as Income Tax Appellate Tribunal in deleting the additions made by the Assessing Officer and treating it as business income for the purpose of short term capital gain and long term capital gain. It is not disputed by Ms. Sheth, learned Counsel appearing on behalf of the appellant that with respect to the Assessment Year 2004-05, the very shares, which were sold durin....