https://www.taxtmi.com/caselaws?id=387782 The appeal in the case involved the dismissal of issues related to an ex-parte order and reopening of assessment as not pressed. The Tribunal allowed the deduction of Rs. 5000 for a share certificate, reversing the CIT(A)'s decision. Additionally, the Tribunal allowed the appeal regarding the addition of Rs. 5,65,185 for alleged short-term capital gain, finding no basis for the addition and reversing the lower authorities' decisions. Ultimately, the appeal of the assessee was allowed in its entirety. en-us Mon, 14 Oct 2019 00:00:00 +0530 Fri, 01 Nov 2019 21:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387782 The appeal in the case involved the dismissal of issues related to an ex-parte order and reopening of assessment as not pressed. The Tribunal allowed the deduction of Rs. 5000 for a share certificate, reversing the CIT(A)'s decision. Additionally, the Tribunal allowed the appeal regarding the addition of Rs. 5,65,185 for alleged short-term capital gain, finding no basis for the addition and reversing the lower authorities' decisions. Ultimately, the appeal of the assessee was allowed in its entirety. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387782