2019 (6) TMI 1611

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....pondent : Mrs.D.Rohini, JCIT ORDER PER GEORGE MATHAN, JUDICIAL MEMBER: This is an appeal filed by the assessee against the Order of the Commissioner of Income Tax (Appeals)-12, Chennai, in ITA No.136/CIT(A)-12/2017-18 dated 28.12.2018 for the AY 2015-16. 2. Mrs.D.Rohini, JCIT, represented on behalf of the Revenue and Mr. D.Anand, Adv.represented on behalf of the assessee. 3. It was ....

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..... It was a submission that the transactions had been done by the assessee between 2012 and 2014 and the assessee's transactions were done through online transactions through BSE and on which STT had already been paid. Neither the assessee's name nor the assessee's broker name appeared in any of the investigation reports in respect of the racket for generating bogus entries. It was a submission tha....

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....ery short period and it is nothing, but penny stock. The ld.D.R submitted that the issue in this appeal was now squarely covered by the decision of the Co-ordinate Bench of this Tribunal in the case of Shri Heerachand Kanunga for assessment years 2010-11 & 2011-12 in ITA Nos.2786 & 2787/Mds/2017 vide order dated 03.05.2018. It was a prayer that on identical directions, the issue in these appeals c....