https://www.taxtmi.com/caselaws?id=185698 The Tribunal affirmed the CIT(Appeals) decision to delete the addition of Rs. 7,34,994 as the loss was treated as arising from speculative transactions due to the absence of actual delivery of shares. The Tribunal found no substantial evidence to support the revenue's claim that the transactions were sham or non-genuine, thereby dismissing the revenue's appeal. en-us Fri, 31 Jul 2009 00:00:00 +0530 Thu, 29 Dec 2016 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185698 The Tribunal affirmed the CIT(Appeals) decision to delete the addition of Rs. 7,34,994 as the loss was treated as arising from speculative transactions due to the absence of actual delivery of shares. The Tribunal found no substantial evidence to support the revenue's claim that the transactions were sham or non-genuine, thereby dismissing the revenue's appeal. Case-Laws Income Tax Fri, 31 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185698