She bought Rs 13.5 lakh shares, sold them for Rs 77.47 lakh; ITAT deletes Rs 79 lakh additions

A woman purchased 60,000 shares of a company Ltd between March 3 and March 15, 2011, for Rs 13,52,850, at Rs 22.55 per share. The company subsequently issued bonus shares in a 1:1 ratio, which increased her holding to 1.2 lakh shares. The woman sold the shares between August 31 and December 24, 2012, and got around Rs 77,47,600.