https://www.taxtmi.com/caselaws?id=403080 The Tribunal dismissed both the revenue's appeal and the assessee's cross-appeal, upholding the Commissioner of Income Tax (Appeals) decision. The Tribunal found no capital gain or loss as no shares were sold during the relevant assessment year. The source of investment in shares amounting to Rs. 50,30,000 was accepted by the authorities, and no addition was made. The Tribunal confirmed the deletion of additions by the Assessing Officer, concluding that there was no reason to interfere with the decision. The case was decided on December 31st, 2020. en-us Thu, 31 Dec 2020 00:00:00 +0530 Tue, 19 Jan 2021 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403080 The Tribunal dismissed both the revenue's appeal and the assessee's cross-appeal, upholding the Commissioner of Income Tax (Appeals) decision. The Tribunal found no capital gain or loss as no shares were sold during the relevant assessment year. The source of investment in shares amounting to Rs. 50,30,000 was accepted by the authorities, and no addition was made. The Tribunal confirmed the deletion of additions by the Assessing Officer, concluding that there was no reason to interfere with the decision. The case was decided on December 31st, 2020. Case-Laws Income Tax Thu, 31 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403080