https://www.taxtmi.com/caselaws?id=368760 The Tribunal ruled in favor of the assessee, allowing the appeal against the rejection of the claim of Long Term Capital Gains on shares of M/s Blueprint Securities Ltd. The Tribunal emphasized the importance of evidence-based decisions and found that the evidence presented by the assessee remained unchallenged and uncontroverted. Despite references to circumstantial evidence and suspicions, the Tribunal concluded that there was a lack of concrete evidence to support the dismissal of the claim. Therefore, the addition was deleted, and the assessee's appeal was allowed. en-us Fri, 05 Oct 2018 00:00:00 +0530 Sat, 13 Oct 2018 15:08:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368760 The Tribunal ruled in favor of the assessee, allowing the appeal against the rejection of the claim of Long Term Capital Gains on shares of M/s Blueprint Securities Ltd. The Tribunal emphasized the importance of evidence-based decisions and found that the evidence presented by the assessee remained unchallenged and uncontroverted. Despite references to circumstantial evidence and suspicions, the Tribunal concluded that there was a lack of concrete evidence to support the dismissal of the claim. Therefore, the addition was deleted, and the assessee's appeal was allowed. Case-Laws Income Tax Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368760