https://www.taxtmi.com/caselaws?id=373774 The tribunal held that the additions under Sections 68 and 69C of the Income Tax Act were unjustified. It ruled in favor of the assessees, finding the transactions genuine based on documentary evidence provided. The tribunal emphasized that statements from brokers, suggesting otherwise, were inadmissible without cross-examination. All appeals by the assessees were allowed, and the additions were deleted. en-us Wed, 12 Dec 2018 00:00:00 +0530 Sat, 19 Jan 2019 07:56:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373774 The tribunal held that the additions under Sections 68 and 69C of the Income Tax Act were unjustified. It ruled in favor of the assessees, finding the transactions genuine based on documentary evidence provided. The tribunal emphasized that statements from brokers, suggesting otherwise, were inadmissible without cross-examination. All appeals by the assessees were allowed, and the additions were deleted. Case-Laws Income Tax Wed, 12 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373774