https://www.taxtmi.com/caselaws?id=240878 The court found in favor of HCL Employees and Investment Company Limited (HEICL) regarding the deletion of the addition of Rs. 2,39,86,572, except for a specific transaction involving shares sold to Associated Techno Plastics Private Limited (ATPPL), which was remanded for further adjudication. Regarding the applicability of Section 69B of the Income Tax Act, the court ruled in favor of the Revenue, remanding the matter to the tribunal for fresh decision on the transaction involving ATPPL. The court partially allowed the appeal in ITA No. 95/2002 and directed a fresh examination by the tribunal in ITA No. 20/2000. en-us Thu, 21 Nov 2013 00:00:00 +0530 Fri, 13 Dec 2013 07:13:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240878 The court found in favor of HCL Employees and Investment Company Limited (HEICL) regarding the deletion of the addition of Rs. 2,39,86,572, except for a specific transaction involving shares sold to Associated Techno Plastics Private Limited (ATPPL), which was remanded for further adjudication. Regarding the applicability of Section 69B of the Income Tax Act, the court ruled in favor of the Revenue, remanding the matter to the tribunal for fresh decision on the transaction involving ATPPL. The court partially allowed the appeal in ITA No. 95/2002 and directed a fresh examination by the tribunal in ITA No. 20/2000. Case-Laws Income Tax Thu, 21 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240878