https://www.taxtmi.com/caselaws?id=374599 The Tribunal allowed the appeals, holding that the long term capital gain was genuine and qualified for exemption under section 10(38). The decision emphasized the lack of concrete evidence linking the appellants to fraudulent activities, highlighting the importance of thorough scrutiny and specific evidence in tax assessments. en-us Thu, 20 Dec 2018 00:00:00 +0530 Tue, 05 Feb 2019 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374599 The Tribunal allowed the appeals, holding that the long term capital gain was genuine and qualified for exemption under section 10(38). The decision emphasized the lack of concrete evidence linking the appellants to fraudulent activities, highlighting the importance of thorough scrutiny and specific evidence in tax assessments. Case-Laws Income Tax Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374599