https://www.taxtmi.com/caselaws?id=354255 The Tribunal allowed the appeal, recognizing short-term capital gains of Rs. 6,44,816 as genuine. The lower authorities' treatment of the transaction as sham and additions based on assumptions were deemed erroneous. The assessee's evidence proved the transactions' genuineness, leading to the Tribunal's decision in favor of the assessee. The appeal was allowed, and the order was pronounced on 19.01.2018. en-us Fri, 19 Jan 2018 00:00:00 +0530 Sun, 21 Jan 2018 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354255 The Tribunal allowed the appeal, recognizing short-term capital gains of Rs. 6,44,816 as genuine. The lower authorities' treatment of the transaction as sham and additions based on assumptions were deemed erroneous. The assessee's evidence proved the transactions' genuineness, leading to the Tribunal's decision in favor of the assessee. The appeal was allowed, and the order was pronounced on 19.01.2018. Case-Laws Income Tax Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354255