In the result, the appeal is allowed for statistical purposes
Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)
41,667/- during the assessment proceedings by the erstwhile AO. Therefore, the difference amount of Rs. 21,72,628/- was also added back. Furthermore, the ld. AO noted that the assessee had purchased 14,800 shares of Ashutosh Paper Mills for Rs. 25,32,921/- and booked bogus short term capital loss of Rs. 21,72,628/-, this loss