IN THE HIGH COURT OF DELHI AT NEW DELHI
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ITA 541/2013
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COMMISSIONER OF INCOME TAX ? XVI ..... Appellant
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Through Ms. Suruchi Aggarwal, Sr.
Standing Counsel.
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versus
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PADMINI MISHRA ..... Respondent
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Through
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CORAM:
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HON'BLE MR. JUSTICE SANJIV KHANNA
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HON'BLE MR. JUSTICE SANJEEV SACHDEVA
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O R D E R
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08.11.2013
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Initially we were not inclined to issue notice on this appeal,
though the finding that the assessing officer could not have passed the
penalty order was debatable, as the Tribunal has observed that the legal
contention was plausible but counsel for the revenue has produced before
us original assessment records and has submitted that the assessee had
not furnished and given details and material particulars regarding the
transaction of sale of share under ?Employees Stock Option Plan?. Learned
counsel for the appellant submits that the sale consideration on ESOP of
Rs.90,60,705/- was not disclosed in the return or during the course of
the assessment proceedings though a copy of bank account was filed.
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Issue notice, returnable on 13th February, 2014.
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SANJIV KHANNA, J.
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SANJEEV SACHDEVA, J.
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NOVEMBER 08, 2013
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st
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$ 11
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