https://www.taxtmi.com/caselaws?id=206553 The Tribunal remanded the case back to the Assessing Officer for fresh adjudication, directing verification of the link between purchase and sale of shares using the FIFO method as per Circular No. 768. The AO was instructed to apply Circular No. 704 to determine the date of transfer and holding period, providing the assessee with an opportunity to present evidence. The Revenue's appeal was treated as allowed for statistical purposes, with the order pronounced on October 20, 2010. en-us Wed, 20 Oct 2010 00:00:00 +0530 Fri, 31 May 2013 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206553 The Tribunal remanded the case back to the Assessing Officer for fresh adjudication, directing verification of the link between purchase and sale of shares using the FIFO method as per Circular No. 768. The AO was instructed to apply Circular No. 704 to determine the date of transfer and holding period, providing the assessee with an opportunity to present evidence. The Revenue's appeal was treated as allowed for statistical purposes, with the order pronounced on October 20, 2010. Case-Laws Income Tax Wed, 20 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206553