https://www.taxtmi.com/caselaws?id=413062 The Tribunal ruled in favor of the appellant, directing the Assessing Officer to delete the addition of Short Term Capital Loss on forfeiture of convertible share warrants. The Tribunal found no substantial question of law justifying the disallowance, citing judgments by the Delhi High Court and the ITAT supporting the appellant's position. The decision was based on the lack of contrary binding precedents provided by the Revenue, leading to the allowance of the appellant's appeal grounds. en-us Thu, 30 Sep 2021 00:00:00 +0530 Mon, 04 Oct 2021 08:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413062 The Tribunal ruled in favor of the appellant, directing the Assessing Officer to delete the addition of Short Term Capital Loss on forfeiture of convertible share warrants. The Tribunal found no substantial question of law justifying the disallowance, citing judgments by the Delhi High Court and the ITAT supporting the appellant's position. The decision was based on the lack of contrary binding precedents provided by the Revenue, leading to the allowance of the appellant's appeal grounds. Case-Laws Income Tax Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413062