https://www.taxtmi.com/caselaws?id=442854 The appeal against the order passed by CIT(A) at NFAC, Delhi for the Assessment Year 2012-13 involved trading in VAS Infrastructure Limited shares. The Assessing Officer's addition of Rs. 3,33,411 was deemed unjustified as the authorities failed to provide essential transaction details and reasons for treating the transactions as bogus. The appeal of the assessee was allowed, highlighting the inadequacy of evidence and reasoning in the decision-making process. en-us Wed, 06 Sep 2023 00:00:00 +0530 Tue, 12 Sep 2023 09:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442854 The appeal against the order passed by CIT(A) at NFAC, Delhi for the Assessment Year 2012-13 involved trading in VAS Infrastructure Limited shares. The Assessing Officer's addition of Rs. 3,33,411 was deemed unjustified as the authorities failed to provide essential transaction details and reasons for treating the transactions as bogus. The appeal of the assessee was allowed, highlighting the inadequacy of evidence and reasoning in the decision-making process. Case-Laws Income Tax Wed, 06 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442854