https://www.taxtmi.com/caselaws?id=170013 The tribunal partly allowed the appeal, reducing the addition of unexplained expenditure on marriage from Rs. 4 lakhs to Rs. 2 lakhs due to insufficient details provided by the assessee. Additionally, the tribunal directed the allowance of the deduction under section 54F of the Income Tax Act, as the sale of shares was found to be genuine despite concerns raised by the Assessing Officer regarding bogus transactions. en-us Fri, 30 Apr 2010 00:00:00 +0530 Fri, 22 Sep 2023 23:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170013 The tribunal partly allowed the appeal, reducing the addition of unexplained expenditure on marriage from Rs. 4 lakhs to Rs. 2 lakhs due to insufficient details provided by the assessee. Additionally, the tribunal directed the allowance of the deduction under section 54F of the Income Tax Act, as the sale of shares was found to be genuine despite concerns raised by the Assessing Officer regarding bogus transactions. Case-Laws Income Tax Fri, 30 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170013