Transactions of unlisted shares of group concern at throw away prices wasn't genuine transactions

IT: Where assessee acquired shares of its own group company at Rs. 40 per share and then sold same to its own group company at a throw away price of 10 paise per share and both transactions being off-market as shares were not listed on any stock exchange in country, entire transaction was not genuine and assessee was not entitled to claim long-term capital loss on sale of shares