https://www.taxtmi.com/caselaws?id=406701 The tribunal allowed the appeal of the assessee, setting aside the additions made by the AO and CIT(A) regarding profit-shifting due to share trading loss/transactions through Client Code Modification. The tribunal emphasized the lack of evidence implicating the assessee in any wrongdoing and highlighted the reliance on broker statements for financial transactions. The judgment showcases the importance of proper assessment procedures and adherence to legal principles in tax matters. en-us Tue, 20 Apr 2021 00:00:00 +0530 Wed, 21 Apr 2021 08:18:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406701 The tribunal allowed the appeal of the assessee, setting aside the additions made by the AO and CIT(A) regarding profit-shifting due to share trading loss/transactions through Client Code Modification. The tribunal emphasized the lack of evidence implicating the assessee in any wrongdoing and highlighted the reliance on broker statements for financial transactions. The judgment showcases the importance of proper assessment procedures and adherence to legal principles in tax matters. Case-Laws Income Tax Tue, 20 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406701