https://www.taxtmi.com/caselaws?id=466473 Addition of profit on sale of shares was challenged because the assessing officer derived opening stock and sale/purchase figures from multiple sources without explaining their basis. The commissioner examined the AO's remand report, found reliance on prior assessment workings inadequate, followed earlier assessment findings and deleted the addition; the Tribunal declined to interfere. The High Court held the Tribunal correctly upheld the commissioner's factual conclusion and found no substantial question of law arising from that exercise. en-us Tue, 26 Sep 2017 00:00:00 +0530 Mon, 09 Feb 2026 12:23:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466473 Addition of profit on sale of shares was challenged because the assessing officer derived opening stock and sale/purchase figures from multiple sources without explaining their basis. The commissioner examined the AO's remand report, found reliance on prior assessment workings inadequate, followed earlier assessment findings and deleted the addition; the Tribunal declined to interfere. The High Court held the Tribunal correctly upheld the commissioner's factual conclusion and found no substantial question of law arising from that exercise. Case-Laws Income Tax Tue, 26 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466473