https://www.taxtmi.com/caselaws?id=56060 The Tribunal dismissed the revenue's appeal, upholding the Commissioner (Appeals)'s findings. The conversion of shares into stock-in-trade was deemed genuine, and the business of dealing in shares was legitimate. The seized papers did not support tax avoidance claims, and additional evidence was accepted. Decisions on dividend and interest income, telephone expenses, and personal use of a motor car favored the assessee. en-us Fri, 31 Oct 1986 00:00:00 +0530 Wed, 01 Dec 2010 13:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56060 The Tribunal dismissed the revenue's appeal, upholding the Commissioner (Appeals)'s findings. The conversion of shares into stock-in-trade was deemed genuine, and the business of dealing in shares was legitimate. The seized papers did not support tax avoidance claims, and additional evidence was accepted. Decisions on dividend and interest income, telephone expenses, and personal use of a motor car favored the assessee. Case-Laws Income Tax Fri, 31 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56060