AdvertisementPCIT Vs Divyaben Prafulchandra Parmar (Gujarat High Court) The Revenue filed a tax appeal under Section 260A of the Income-tax Act, 1961 challenging the order dated 27.07.2023 passed by the Income Tax Appellate Tribunal, Surat Bench in ITA No. 73/SRT/2023 for Assessment Year 2014-15. The Revenue questioned the Tribunal’s deletion of additions made under Section 68 in respect of sale proceeds of Sunrise Asian Ltd. shares, deletion of the alleged commission addition, acceptance of the assessee’s claim of exemption under Section 10(38), and rejection of the Revenue’s case that t...