2025 (7) TMI 1432

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssessee has raised the following grounds of appeal: "1. On the based-on circumstances and facts, the Learned AO erred in treating entire sales consideration of Rs. 2,09,22,187/- under the head STCG instead of LTCG, thereby not allowing the exemption u/s 10(38) to the assessee. 2. On the based-on circumstances and facts, the Learned AO erred in appreciating the facts that the shares were received from parents of the assessee, which can be observed clearly from the NSDL demat statement, thereby treating entire sales consideration of Rs. 2,09,22,187/- and no COA, under the head STCG instead of LTCG. 3. The appellant craves to leave, to add, to alter or modify the grounds of appeal, as stated above, at any time on or ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e available, it was not possible to ascertain that the assessee was holding the impugned shares for more than two years. Further, no documentary evidence with respect to transmission of shares from his father to his mother and finally to him had been furnished by the assessee. Based on this remand report, Ld. CIT(A) provided an opportunity to the assessee to submit necessary evidences. However, in the absence of any such document any evidences in support of his claim regarding LTCG, Ld. CIT(A) confirmed the addition made by the Ld. AO. The assessee has filed an appeal before the ITAT against the order of Ld. CIT(A). 4. Before us, Ld. AR has submitted a copy of the HDFC Securities transmission certificate as well as copies of the assessee....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....(8) bom (total) Sale Date 20024500 28016547 Date of Demet account account m 1 ASHOK LEYLAND LTD S NSE 2.440 14 08 2014 1 220 1.220 41407337 1220 19 09 09 20010567 1 28024580 819 : 30 10 09 Contra 613 09 08 11 615 09 00 11 1,220 2 DCM SHRIRAM LIMITED S NSE 1 620 14 08 2014 $10 41407337 1029 19 09-09 26016567 515 30 10 09 to 20024500 510 30 10 09 Corea 3 DCW LIMITED S MIL 10.090 14 08 2614 5.345 6 345 41401337 10 600 19 09 09 1 20024500 5:345 30 10 09 Contra 1.345 4 DLF LTD NSE 1.58G 14.06 2014 840 41407342 291 19 09 09 41401337 1 38719:09 09 29016067 10 20024590 582 30 10 09 Contra ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 154 41497342 113 19 00 09 41407337 19 09 09 08016567 41 30 10 09 to 28024590 41 30 10 09 154 15 RELIANCE COMMUNICATION 14 00 2014 41407342 2 263 19 09 09 41437337 19:09 09 16 09 2014 3.000 873 30 10 09 to 28024/0 623 30 10 99 16 RELIANCE INDUSTRIES LTD S NSF 12:344 05 09 2014 . . 72 2 263 19 09 09 41407337 3 909 19 09 09 873 30 10 09 to 20024590 -823 30 10 09 Bonus 3.086 05 12 09 17 RELIANCE INFRASTRUCTURE S NSE 452 14 08 2014 231 41407337 293 19:09:09 6 28024500 62 30 10 09 18 RELIANCE POWER LID S NSE 1 630 14 08 2014 815 #1407337 06 19: 09 09 44 30 10 09 ৳ 20124500 44 30 10 09 Demerger ....