TMI Blog2008 (10) TMI 681X X X X Extracts X X X X X X X X Extracts X X X X ..... sel for the appellant and the learned counsel for the respondent. 2. The above appeal raise following questions of law: 1. Whether on the facts and in the circumstances of the case the Tribunal was correct, in law, in allowing the appeal of the assessee by holding that no addition is sustainable u/s 69 on the purchase of shares at a price much lesser than the market price? 2. Whether on t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Act. The Tribunal has also given the finding that the assessee has not secured any benefit or perquisite in consideration of a business transaction undertaken with the sellers of the shares. In view of above finding of fact, there is no substantial question of law involved in the present appeal. 4. We do not find any case made out for admission of the above appeal. Appeal is, therefore, ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
