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2014 (3) TMI 1198 - BOMBAY HIGH COURTAddition u/s 69A - unexplained money - sale proceeds from the transaction of shares amounts to LTCG and STCG - Substantial question of law - HELD THAT:- On perusal of the orders impugned in those appeals and finding that substantial questions of law arise for consideration and determination by this court in the instant appeal, the same is ADMITTED. The substantial questions of law which arise for determination are as under - i] Whether the additions made by the AO u/s 69A to the taxable income of assessee, is just and proper ? [ii] Whether the sale proceeds from the transaction of shares amounts to LTCG and STCG when the assessee himself had voluntarily admitted to pay the taxes on the additional income ? Hearing expedited.
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