https://www.taxtmi.com/highlights?id=22140 Disallowance of loss arising out of valuation of shares - AO could not bring anything on record, which suggests that the selling rate was lower than the market rate - in case the transaction have been treated as genuine in the hands of the seller, the same very transaction cannot be non-genuine in the hands of the purchaser - AT en-us Wed, 18 Mar 2015 08:22:48 +0530 Wed, 18 Mar 2015 08:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22140 Disallowance of loss arising out of valuation of shares - AO could not bring anything on record, which suggests that the selling rate was lower than the market rate - in case the transaction have been treated as genuine in the hands of the seller, the same very transaction cannot be non-genuine in the hands of the purchaser - AT Highlights Income Tax Wed, 18 Mar 2015 08:22:48 +0530 https://www.taxtmi.com/highlights?id=22140