https://www.taxtmi.com/caselaws?id=121375 The Tribunal held that the addition of capital gains by the Assessing Officer was premature as the transfer of the Delhi Stock Exchange (DSE) ticket had not been completed due to pending registration formalities with DSE and SEBI. The CIT(A)'s decision was upheld, dismissing the department's appeal and the assessee's cross-objection. The Tribunal emphasized that the transfer was contingent upon approvals from DSE and SEBI, which were not obtained, making the capital gain assessment premature. en-us Fri, 05 Jun 2009 00:00:00 +0530 Mon, 30 Jul 2012 12:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121375 The Tribunal held that the addition of capital gains by the Assessing Officer was premature as the transfer of the Delhi Stock Exchange (DSE) ticket had not been completed due to pending registration formalities with DSE and SEBI. The CIT(A)'s decision was upheld, dismissing the department's appeal and the assessee's cross-objection. The Tribunal emphasized that the transfer was contingent upon approvals from DSE and SEBI, which were not obtained, making the capital gain assessment premature. Case-Laws Income Tax Fri, 05 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121375