Santosh Mohanlal Rathi,, Pune Deputy Commissioner of Income-tax

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Last updated: 18 December 2020
Quick Summary
This Income Tax Appellate Tribunal case concerns Santosh Mohanlal Rathi, who declared a capital gain of over £900,000 from share trading for the 2010-11 assessment year. The appeal challenges the Commissioner of Income Tax (Appeals)'s decision to classify the profit on the sale of shares as business income, rather than capital gains as claimed by the assessee. Mr. Rathi is an individual engaged in share trading and also works as a sub-broker.

Court :
ITAT Pune

Brief :
This appeal by the assessee against the order dated 29-07-2016 passed by the Commissioner of Income Tax (Appeals)-2, Pune [‘CIT(A)’] for assessment year 2010-11.

Citation :
ITA No.2464/PUN/2016

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1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

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