https://www.taxtmi.com/caselaws?id=266468 The ITAT ruled in favor of the assessee in an appeal against the addition in estimating the selling price of shares based on DLC rates of office premises owned by companies. The ITAT found that making such additions was not justified under the IT Act, citing a previous case with identical facts where a similar issue was adjudicated in favor of the assessee. Consequently, the ITAT set aside the order of CIT(A) and deleted the impugned addition, allowing the appeal of the assessee. en-us Mon, 27 Jan 2014 00:00:00 +0530 Tue, 20 Oct 2015 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266468 The ITAT ruled in favor of the assessee in an appeal against the addition in estimating the selling price of shares based on DLC rates of office premises owned by companies. The ITAT found that making such additions was not justified under the IT Act, citing a previous case with identical facts where a similar issue was adjudicated in favor of the assessee. Consequently, the ITAT set aside the order of CIT(A) and deleted the impugned addition, allowing the appeal of the assessee. Case-Laws Income Tax Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266468