Procedure of disposal of appeal with respect to Investment in Equities not in accordance with mandate given u/s 250(6) Income Tax Act: ITAT directs Re adjudication [Read Order]

ITAT - ITAT Kolkata - Income tax - Investment in equities - Equity investment appeal - Equity investment - taxscan

The Kolkata bench of Income Tax Appellate Tribunal ( ITAT ) while directing the readjudication observed that procedure of disposal of appeal with respect to investment in equities is not in accordance with mandate given under Section 250(6) of the Income Tax Act, 1961 The Assessee Aryavrat Vintrade Pvt. Ltd was filed the return of…

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