{"id":34254,"date":"2023-04-22T22:42:27","date_gmt":"2023-04-22T17:12:27","guid":{"rendered":"https:\/\/itatonline.org\/digest\/yamini-khandelwal-smt-v-acit-2022-197-itd-520-kol-trib-2\/"},"modified":"2023-08-12T10:07:45","modified_gmt":"2023-08-12T04:37:45","slug":"yamini-khandelwal-smt-v-acit-2022-197-itd-520-kol-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/yamini-khandelwal-smt-v-acit-2022-197-itd-520-kol-trib-2\/","title":{"rendered":"Yamini Khandelwal. (Smt.) v. ACIT (2022) 197 ITD 520\/   220 TTJ 485 \/ 219 DTR 201  (Kol.) (Trib.)\/ Suraj Khandelwal v. ACIT (2022)  197 ITD 520\/   220 TTJ 485\/ 219 DTR 201   (Kol)   (Trib.)"},"content":{"rendered":"<p>Held that\u00a0 mere high volume of transactions &amp; utilization of borrowings in purchase of shares could not alter assessee&#8217;s consistent treatment of shares purchased on delivery basis as investment, which was even accepted by revenue for several years. Directed to accept the gain as capital gains.\u00a0 (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-Investment in shares-High volume and frequency of transactions-Shares purchased on delivery basis-Accepted for number of years-Assessable as capital gains. [S. 2(29A) 2(42A),  10(38),  28(i)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-34254","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8Uu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=34254"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34254\/revisions"}],"predecessor-version":[{"id":35391,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34254\/revisions\/35391"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}