https://www.taxtmi.com/caselaws?id=372203 The tribunal found that the provisions of Section 68 were erroneously invoked by the AO in a tax case. The tribunal concluded that the transactions were legitimate barter transactions involving the exchange of shares without any cash flow. Consequently, the addition made under Section 68 was deleted, and the appeal of the assessee was allowed. en-us Fri, 09 Nov 2018 00:00:00 +0530 Wed, 19 Dec 2018 09:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372203 The tribunal found that the provisions of Section 68 were erroneously invoked by the AO in a tax case. The tribunal concluded that the transactions were legitimate barter transactions involving the exchange of shares without any cash flow. Consequently, the addition made under Section 68 was deleted, and the appeal of the assessee was allowed. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372203