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2015 (10) TMI 2812 - HC - Income TaxShort term capital loss on account of forfeiture of share warrants - whether the share warrants could be treated as a capital asset under Section 2(14)? - HELD THAT:- As decided in SHRI CHAND RATAN BAGRI [2010 (1) TMI 123 - DELHI HIGH COURT] the share warrant is a capital asset. It is stated that the Revenue has not filed an appeal against the said judgement on account of the low tax effect. Since the aforementioned judgment of this Court holds the field, no substantial question of law arises in this appeal.
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