https://www.taxtmi.com/caselaws?id=369464 The ITAT allowed the appeal of the assessee, deleting the addition made by the AO under Section 68 of the Income Tax Act. The ITAT found that the assessee had adequately proven the source of the funds from the sale of shares held as investments, and the addition was based on suspicion rather than concrete evidence. The judgment was pronounced on 24.10.2018. en-us Wed, 24 Oct 2018 00:00:00 +0530 Mon, 29 Oct 2018 07:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369464 The ITAT allowed the appeal of the assessee, deleting the addition made by the AO under Section 68 of the Income Tax Act. The ITAT found that the assessee had adequately proven the source of the funds from the sale of shares held as investments, and the addition was based on suspicion rather than concrete evidence. The judgment was pronounced on 24.10.2018. Case-Laws Income Tax Wed, 24 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369464