https://www.taxtmi.com/caselaws?id=424317 The Revenue's appeal against the order passed by the Commissioner of Income-tax (Appeals) was dismissed by the Tribunal. The addition of short term capital gain and on account of share transaction by resorting Clint Code Modification was deleted based on lack of concrete evidence and in line with legal precedents. The Tribunal upheld the Commissioner's decision, emphasizing the significance of substantiated evidence and adherence to legal principles in tax matters involving asset revaluation and share transactions. en-us Fri, 24 Jun 2022 00:00:00 +0530 Mon, 27 Jun 2022 10:25:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424317 The Revenue's appeal against the order passed by the Commissioner of Income-tax (Appeals) was dismissed by the Tribunal. The addition of short term capital gain and on account of share transaction by resorting Clint Code Modification was deleted based on lack of concrete evidence and in line with legal precedents. The Tribunal upheld the Commissioner's decision, emphasizing the significance of substantiated evidence and adherence to legal principles in tax matters involving asset revaluation and share transactions. Case-Laws Income Tax Fri, 24 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424317