2005 (2) TMI 100

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... filed by the Revenue (Commissioner of Income-tax) under section 260A of the Income-tax Act, 1961 against an order dated June 29, 2004, passed by the Income-tax Appellate Tribunal in I. T. A. No. 569/Ind/1999. The question that arises for consideration in this appeal is whether the appeal involves any substantial question of law as is required to be made out under section 260A of the Income-tax....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bunal, the Commissioner of Income-tax has come up in appeal under se 260A of the Act. We concur with the factual finding recorded by the Tribunal. Admittedly, the assessee is a company engaged in the business of investment shares/securities/debentures. The object of the company also clearly show this. In this view of the matter any income derived from sale/purchase shares whether quoted in the ....