https://www.taxtmi.com/highlights?id=52270 Short term capital loss - genuine purchase and sale of shares or not - value of consideration for transfer of shares is far exceeding the valuation as per Rule 11UA. - the AO has failed to point out any mistake in the working of the value of shares as per Rule 11UA. The disallowance made by the AO is based on conjectures. - AT en-us Wed, 11 Mar 2020 09:54:13 +0530 Wed, 11 Mar 2020 09:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52270 Short term capital loss - genuine purchase and sale of shares or not - value of consideration for transfer of shares is far exceeding the valuation as per Rule 11UA. - the AO has failed to point out any mistake in the working of the value of shares as per Rule 11UA. The disallowance made by the AO is based on conjectures. - AT Highlights Income Tax Wed, 11 Mar 2020 09:54:13 +0530 https://www.taxtmi.com/highlights?id=52270