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    <title>2011 (9) TMI 1047 - ITAT AHMEDABAD</title>
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    <description>The Tribunal allowed the appeal in ITA No.762/Ahd/2009 by deleting the addition made on account of unexplained cash credit under Section 68 of the IT Act related to long-term capital gains from the sale of shares. Similar findings were applied to other related appeals, with the Tribunal concluding that the transactions were genuine and the additions under Section 68 were not justified. The appeals were allowed or partly allowed based on the evidence provided, affirming the genuineness of the transactions and the long-term capital gains claimed by the assessees.</description>
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    <pubDate>Fri, 16 Sep 2011 00:00:00 +0530</pubDate>
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      <title>2011 (9) TMI 1047 - ITAT AHMEDABAD</title>
      <link>https://www.taxtmi.com/caselaws?id=180496</link>
      <description>The Tribunal allowed the appeal in ITA No.762/Ahd/2009 by deleting the addition made on account of unexplained cash credit under Section 68 of the IT Act related to long-term capital gains from the sale of shares. Similar findings were applied to other related appeals, with the Tribunal concluding that the transactions were genuine and the additions under Section 68 were not justified. The appeals were allowed or partly allowed based on the evidence provided, affirming the genuineness of the transactions and the long-term capital gains claimed by the assessees.</description>
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      <pubDate>Fri, 16 Sep 2011 00:00:00 +0530</pubDate>
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