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2014 (5) TMI 157 - HC - Income TaxDeletion of disallowance of claim of share loss – Detailed enquiry made by the AO - Whether the Tribunal was justified in upholding the order of the CIT(A) for deleting the addition made by the AO on account of disallowance of assessee's claim of share loss – Held that:- The Tribunal was rightly of the view that the AO has made his suspicion that the share loss claimed by the assessee is bogus only on the reasons that the assessee has been claiming loss of shares continuously - the share brokers through whom the assessee entered into shares transactions were the registered stock brokers - the assessee has been able to produce all the relevant documentary evidence in respect of the shares transactions entered into – thus, no question of law arises for consideration – Decided against Revenue.
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