https://www.taxtmi.com/caselaws?id=188264 The Tribunal allowed the appeals of the assessees, overturning the additions made under section 69 for the acquisition of shares. The Tribunal noted that the assessees were not provided with crucial information or the opportunity to cross-examine, and that the shares were purchased through independent brokers with proper documentation. As a result, the additions of Rs. 63,000/- and Rs. 52,500/- were deleted in both cases. Legal grounds were not addressed in this decision. en-us Fri, 07 Dec 2012 00:00:00 +0530 Wed, 23 Nov 2016 15:24:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188264 The Tribunal allowed the appeals of the assessees, overturning the additions made under section 69 for the acquisition of shares. The Tribunal noted that the assessees were not provided with crucial information or the opportunity to cross-examine, and that the shares were purchased through independent brokers with proper documentation. As a result, the additions of Rs. 63,000/- and Rs. 52,500/- were deleted in both cases. Legal grounds were not addressed in this decision. Case-Laws Income Tax Fri, 07 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188264