Assessee incurred long-term losses on sale of unquoted shares  which was disallowed by the AO on the ground that sale considerationof Rs 2 per share  had been grossly understated. Allowing the appeal of the assessee the Tribunal held that ,the onus was on revenue to prove with cogent materials that assessee had indeed received higher sale price . Since no enquiries whatsoever were conducted in hands of purchaser of shares,  disallowance made on basis of suspicion and conjectures was to be deleted .( AY. 2012-13)