https://www.taxtmi.com/caselaws?id=218796 The Tribunal upheld the AO's computation of capital gains, dismissing the CIT(A)'s enhancement. It ruled in favor of the assessee regarding the acquisition cost of shares, disallowance of VSAT charges, technical services penalty charges, and addition on bad debts. The Tribunal confirmed the deletion of disallowances and additions, following precedents and legal interpretations. The revenue's appeal was dismissed, and the assessee's appeal was allowed, maintaining the original assessment by the AO. en-us Fri, 27 Jul 2012 00:00:00 +0530 Mon, 15 Oct 2012 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218796 The Tribunal upheld the AO's computation of capital gains, dismissing the CIT(A)'s enhancement. It ruled in favor of the assessee regarding the acquisition cost of shares, disallowance of VSAT charges, technical services penalty charges, and addition on bad debts. The Tribunal confirmed the deletion of disallowances and additions, following precedents and legal interpretations. The revenue's appeal was dismissed, and the assessee's appeal was allowed, maintaining the original assessment by the AO. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218796