https://www.taxtmi.com/caselaws?id=424780 The Court dismissed the Revenue's appeal, upholding the deletion of the disallowance of the loss claimed on the sale and purchase of shares. The reassessment proceedings were deemed invalid due to the absence of new tangible material, and the transactions were confirmed as genuine based on the evidence provided by the assessee. en-us Mon, 24 Jan 2022 00:00:00 +0530 Fri, 08 Jul 2022 09:34:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424780 The Court dismissed the Revenue's appeal, upholding the deletion of the disallowance of the loss claimed on the sale and purchase of shares. The reassessment proceedings were deemed invalid due to the absence of new tangible material, and the transactions were confirmed as genuine based on the evidence provided by the assessee. Case-Laws Income Tax Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424780