https://www.taxtmi.com/caselaws?id=192252 The High Court upheld the Tribunal's decision in a case involving a challenge to the deletion of an addition under section 68 by the Assessing Officer, which was later directed to be accepted as capital gains by the Commissioner (Appeals). The Tribunal found valid explanations for the transactions, supported by documentary evidence, and dismissed the revenue's appeal. The High Court determined that the Tribunal's decision was reasonable and based on proper evidence appreciation, leading to the dismissal of the appeal due to the absence of any substantial question of law. en-us Tue, 25 Sep 2012 00:00:00 +0530 Tue, 21 Jul 2026 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192252 The High Court upheld the Tribunal's decision in a case involving a challenge to the deletion of an addition under section 68 by the Assessing Officer, which was later directed to be accepted as capital gains by the Commissioner (Appeals). The Tribunal found valid explanations for the transactions, supported by documentary evidence, and dismissed the revenue's appeal. The High Court determined that the Tribunal's decision was reasonable and based on proper evidence appreciation, leading to the dismissal of the appeal due to the absence of any substantial question of law. Case-Laws Income Tax Tue, 25 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192252