https://www.taxtmi.com/caselaws?id=796180 Deletion of the disallowance of loss on sale of shares did not raise a substantial question of law where similar transactions for the preceding assessment year had been accepted as genuine on documentary evidence. As no contrary material was produced to displace that evidence, the same reasoning applied for the relevant year. The Gujarat HC noted that the Tribunal's earlier decision had already been confirmed and that the issue was decided in favour of the assessee. en-us Tue, 21 Jul 2026 00:00:00 +0530 Sat, 01 Aug 2026 08:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796180 Deletion of the disallowance of loss on sale of shares did not raise a substantial question of law where similar transactions for the preceding assessment year had been accepted as genuine on documentary evidence. As no contrary material was produced to displace that evidence, the same reasoning applied for the relevant year. The Gujarat HC noted that the Tribunal's earlier decision had already been confirmed and that the issue was decided in favour of the assessee. Case-Laws Income Tax Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796180