https://www.taxtmi.com/caselaws?id=373779 The Tribunal upheld the deletion of the addition of Rs. 69,00,000 made by the Assessing Officer, ruling that the sum constituted genuine sale consideration for shares and the excess amount was promptly returned. The Tribunal found no material evidence contradicting the CIT(A)'s findings and dismissed the Revenue's appeal, affirming the deletion of the addition. en-us Thu, 17 Jan 2019 00:00:00 +0530 Sat, 19 Jan 2019 07:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373779 The Tribunal upheld the deletion of the addition of Rs. 69,00,000 made by the Assessing Officer, ruling that the sum constituted genuine sale consideration for shares and the excess amount was promptly returned. The Tribunal found no material evidence contradicting the CIT(A)'s findings and dismissed the Revenue's appeal, affirming the deletion of the addition. Case-Laws Income Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373779