Court Challenges Disallowance of Loss Claim on Film Rights; Officer Failed to Prove Higher Sale Price Possible.

Disallowance of excess claim of loss - sale of right of film - assessing officer has not brought on record any material to show that identical transaction with identical set of facts could have fetched more price at the relevant point of time, we are of the view that there is no reason to disbelieve the consideration disclosed by the assessee - AT .....

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