https://www.taxtmi.com/caselaws?id=215124 The appeals of Shri Krupeshbhai N. Patel and Shri Navinbhai N. Patel were partly allowed for A.Y. 2006-07 and 2007-08, dismissed for A.Y. 2008-09, and partly allowed for A.Y. 2009-10. The Revenue's appeals and cross-objections were dismissed in all instances. The Tribunal upheld the disallowance of short-term capital loss, addition of deemed dividend, and addition based on seized papers, while ruling in favor of the assessee regarding gifts received in kind as part of the sale consideration. en-us Fri, 29 Jun 2012 00:00:00 +0530 Wed, 25 Jul 2012 21:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215124 The appeals of Shri Krupeshbhai N. Patel and Shri Navinbhai N. Patel were partly allowed for A.Y. 2006-07 and 2007-08, dismissed for A.Y. 2008-09, and partly allowed for A.Y. 2009-10. The Revenue's appeals and cross-objections were dismissed in all instances. The Tribunal upheld the disallowance of short-term capital loss, addition of deemed dividend, and addition based on seized papers, while ruling in favor of the assessee regarding gifts received in kind as part of the sale consideration. Case-Laws Income Tax Fri, 29 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215124