https://www.taxtmi.com/caselaws?id=356876 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 3.29 crores as unexplained investments. The Tribunal found the Assessee's explanations linking the investments to redemption proceeds satisfactory, in compliance with Section 69 of the Income Tax Act, 1961. Additionally, the Tribunal directed the AO to tax the undisclosed short-term capital gains of Rs. 14,97,103/-, as observed by the CIT(A). en-us Fri, 09 Feb 2018 00:00:00 +0530 Wed, 14 Mar 2018 06:51:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356876 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 3.29 crores as unexplained investments. The Tribunal found the Assessee's explanations linking the investments to redemption proceeds satisfactory, in compliance with Section 69 of the Income Tax Act, 1961. Additionally, the Tribunal directed the AO to tax the undisclosed short-term capital gains of Rs. 14,97,103/-, as observed by the CIT(A). Case-Laws Income Tax Fri, 09 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356876