2023 (1) TMI 724

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Ajit Sharma, Sr Standing Counsel ORDER RAJIV SHAKDHER, J. CM No.55739/2022 1. Allowed, subject to the petitioner filing legible copies of the annexures, at least three days before the next date of hearing. W.P.(C) 17466/2022&CM No.55738/2022 [Application filed on behalf of the petitioner seeking interim relief] 2. Issue notice. 2.1. Mr Ajit Sharma accepts notice on behalf of the respon .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lowing: Sub: Sharing of information of beneficiaries emanating out of survey carried out on 08.11.2017 in case of non-genuine Short Term Capital Gains in scrip M/s Varun Capital Services Ltd. - reg. Please refer to the subject cited above 1. In this regard, please find enclosed herewith survey report in the case of M/s Varun Capital Service Ltd. duly approved by the Pr. CIT-09, New Delhi f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Orchid Chem 5000 290820     04-01-2016 Orchid Chem 4000 232280     01-01-2016 Reliance Infra 2000 1012400     05-01-2016 Reliance Infra 1500 814890     15-01-2016 Reliance Infra 1000 527110     18-01-2016 Reliance Infra 2500 1296900     19-01-2016 Reliance Infra 1600 784320     01-01-20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hat the communication dated 15.05.2018 shows, is that a survey report was generated vis-à-vis Varun Capital Services Ltd. The said communication also alludes to the fact that assessee had entered into share transaction with Kisna Traders Pvt Ltd in the Financial Years(FY) 2014-15 and 2015-16 in respect of the shares referred to in the table. 8.1. As to how this transaction led the AO to co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to him, the income chargeable to tax has escaped assessment. 11.1 This notice will be issued within two weeks from the date of service of the order passed today and will accompany whatever material/information is available with the AO. 11.2. The AO will grant further three weeks to the petitioner to respond to the same. Thereafter, the AO will take the next steps in the matter as per law. 12. T .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X