https://www.taxtmi.com/caselaws?id=208107 The Tribunal partially allowed the revenue's appeal by restoring the Assessing Officer's additions concerning suspicious share transactions, emphasizing the importance of considering surrounding circumstances. However, the Tribunal upheld the Commissioner of Income Tax (Appeals)'s reductions in disallowances related to vehicle running and telephone expenses, deeming the adjustments reasonable and justified. en-us Fri, 08 Jan 2010 00:00:00 +0530 Thu, 06 Jun 2013 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208107 The Tribunal partially allowed the revenue's appeal by restoring the Assessing Officer's additions concerning suspicious share transactions, emphasizing the importance of considering surrounding circumstances. However, the Tribunal upheld the Commissioner of Income Tax (Appeals)'s reductions in disallowances related to vehicle running and telephone expenses, deeming the adjustments reasonable and justified. Case-Laws Income Tax Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208107