https://www.taxtmi.com/caselaws?id=370527 The tribunal allowed the assessee's appeal, deleted the addition of the LTCG as unexplained cash credits, and upheld the genuineness of the LTCG claimed by the assessee. The decision was based on the lack of specific evidence against the assessee and the principle that suspicion cannot replace evidence in tax assessments. en-us Fri, 16 Nov 2018 00:00:00 +0530 Sat, 17 Nov 2018 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370527 The tribunal allowed the assessee's appeal, deleted the addition of the LTCG as unexplained cash credits, and upheld the genuineness of the LTCG claimed by the assessee. The decision was based on the lack of specific evidence against the assessee and the principle that suspicion cannot replace evidence in tax assessments. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370527