https://www.taxtmi.com/caselaws?id=778019 ITAT upheld the tribunal below and dismissed the revenue's appeal, confirming deletion of an addition for alleged loss arising from misuse of the Client Code Modification facility. The tribunal found no evidence of broker admission, no identification of the counterparty, no SEBI action, and no proof of collusion or monetary exchange between parties. Absent documentary or testimonial support and on precedent, the disallowance was held unsustainable and the assessing officer's addition was vacated. en-us Fri, 29 Aug 2025 00:00:00 +0530 Tue, 09 Sep 2025 08:38:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778019 ITAT upheld the tribunal below and dismissed the revenue's appeal, confirming deletion of an addition for alleged loss arising from misuse of the Client Code Modification facility. The tribunal found no evidence of broker admission, no identification of the counterparty, no SEBI action, and no proof of collusion or monetary exchange between parties. Absent documentary or testimonial support and on precedent, the disallowance was held unsustainable and the assessing officer's addition was vacated. Case-Laws Income Tax Fri, 29 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778019