Short term trading fee rbc


It is contended by the petitioner that there is no radical difference between the transactions that were the subject matter in the previous ruling and the present case, save and except its customers are different. In that sense, there is no difference between the nature of the transactions in this case and those dealt with in the judgment of this Court.

The petitioner had entered into contracts with DMRC in the previous reported decision. Counsel for the revenue on the other hand argued that there are important differences in the nature of the transactions and the scope of the contracts.

Learned counsel highlighted that substantial relief has been given to the petitioner by the Tribunal.