2009 (4) TMI 138

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....me Tax Act, 1961 challenging the order of the Income Tax Appellate Tribunal. The revenue challenged the order passed by the Commissioner of Income Tax (Appeal), inter alia, deleting the addition of Rs.34,81,165/-, which was treated as income from other sources based on the information received from the Calcutta Stock Exchange. The amount was claimed by the assessee as long term capital gains. I....