https://www.taxtmi.com/highlights?id=43218 Bogus capital gain on sale of long term shares - exemption u/s 10(38) denied - The holding of the shares by the assessee cannot be doubted and the finding of the AO is based merely on the suspicion and surmises without any cogent material to show that the assessee has introduction his unaccounted income in the shape of long term capital gain. en-us Tue, 11 Dec 2018 06:31:57 +0530 Tue, 11 Dec 2018 06:31:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=43218 Bogus capital gain on sale of long term shares - exemption u/s 10(38) denied - The holding of the shares by the assessee cannot be doubted and the finding of the AO is based merely on the suspicion and surmises without any cogent material to show that the assessee has introduction his unaccounted income in the shape of long term capital gain. Highlights Income Tax Tue, 11 Dec 2018 06:31:57 +0530 https://www.taxtmi.com/highlights?id=43218