https://www.taxtmi.com/caselaws?id=245660 The appeal was allowed, and the addition of unexplained cash credit was deleted. The Tribunal directed the Assessing Officer to allow the claim of exemption for Long Term Capital Gain on the sale of shares at the correct amount of Rs.47,71,191, based on a decision of the Jurisdictional High Court. The Tribunal emphasized that the exemption could be granted without the need for a revised return of income. en-us Fri, 28 Mar 2014 00:00:00 +0530 Fri, 04 Apr 2014 10:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245660 The appeal was allowed, and the addition of unexplained cash credit was deleted. The Tribunal directed the Assessing Officer to allow the claim of exemption for Long Term Capital Gain on the sale of shares at the correct amount of Rs.47,71,191, based on a decision of the Jurisdictional High Court. The Tribunal emphasized that the exemption could be granted without the need for a revised return of income. Case-Laws Income Tax Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245660