Arbitrator has
failed to appreciate that respondent had opted for Electronic Contract
Notes and in pursuance to that the petitioner company had confirmed the
transaction
agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply ... Constitution; (37) "Credit note" means a document issued by a registered person under sub-section (1) of section 34; (38) "Debit note" means a document
relevant documents as such
copies of share broker bill, copies of contract note, copy of ledger account of
the assessee in the books of brokers ... This
document is also available in digitally signed electronic format. Contract note
8
describes key details of a particular transaction together with date, time, price
agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply ... Constitution; (37) "credit note" means a document issued by a registered person under sub-section (1) of section 34; (38) "debit note" means a document
agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply ... Kashmir; (37) "credit note" means a document issued by a registered person under sub-section (1) of section 34; (38) "debit note" means a document
agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply ... Constitution; (37) "credit note" means a document issued by a registered person under sub-section (1) of section 34; (38) "debit note" means a document
respondent as per the instructions of the respondent and all the
contract notes and the details of the transactions were sent at the e-
mail ... petitioner could not produce any record of telephonic
instructions. The contract notes were sent electronically at an e-mail ID
address
agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply ... Constitution; (37) "credit note" means a document issued by a registered person under sub-section (1) of section 34; (38) "debit note" means a document
Ajay J Doshi (Huf), Mumbai vs Ito 12(2)(4), Mumbai on 31 May, 2017
That all the eligible transactions
are supported by a time stamped contract note issued by stock broker.
3. Eligibility as business loss ... recognized stock exchange and which is supported by time stamped contract
note issued by such stock broker or sub-broker or intermediary to every client
