https://www.taxtmi.com/caselaws?id=60552 The ITAT Calcutta-D allowed the short-term capital loss claimed by the assessee for the transfer of shares, emphasizing the genuine nature of the transaction. However, the trading addition of Rs. 16,324 was upheld due to insufficient evidence supporting claimed expenses, resulting in a partial allowance of the appeal by the assessee. en-us Sat, 28 Apr 1984 00:00:00 +0530 Wed, 05 Jan 2011 18:28:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60552 The ITAT Calcutta-D allowed the short-term capital loss claimed by the assessee for the transfer of shares, emphasizing the genuine nature of the transaction. However, the trading addition of Rs. 16,324 was upheld due to insufficient evidence supporting claimed expenses, resulting in a partial allowance of the appeal by the assessee. Case-Laws Income Tax Sat, 28 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60552