https://www.taxtmi.com/caselaws?id=177422 The High Court ruled in favor of the Revenue, emphasizing the Assessing Officer's obligation to verify the date of allotment of shares for precise classification of capital gain. The court overturned previous decisions favoring the assessee, remanding the case for further scrutiny to ascertain the accuracy of the Assessing Officer's findings on the date of allotment. en-us Mon, 15 Jul 2013 00:00:00 +0530 Wed, 01 Mar 2017 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177422 The High Court ruled in favor of the Revenue, emphasizing the Assessing Officer's obligation to verify the date of allotment of shares for precise classification of capital gain. The court overturned previous decisions favoring the assessee, remanding the case for further scrutiny to ascertain the accuracy of the Assessing Officer's findings on the date of allotment. Case-Laws Income Tax Mon, 15 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177422