Issue of Bogus Loss on Sale of Share does not arise From ITAT Order Challenged in Petition: Calcutta HC dismisses Petition [Read Order]

The bench found that the question of law suggested by the revenue in the appeal do not arise out of the order passed by the Tribunal.
By Yogitha S. Yogesh - On August 14, 2024 2:09 pm - 2 mins read
income Tax - Income Tax Order - Issue of Bogus Loss - writ petition - TAXSCAN

In a recent case, the Calcutta High Court dismissed the petition as the issue of bogus loss on sale of share doesn’t arise from Income Tax Appellate Tribunal ( ITAT ) order which was challenged in  the writ petition. The petitioner-revenue filed appeal in a delay of 138 days in filing the appeal. As the…

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