https://www.taxtmi.com/caselaws?id=278872 The Tribunal ruled in favor of the assessee, deleting the addition of Long Term Capital Gains on shares and allowing the appeal against the Commissioner of Income Tax-(A)-10's order for the assessment year 2014-15. The Tribunal emphasized the importance of relying on evidence rather than generalizations or suspicions, citing support from various case laws and dismissing the reliance on a Supreme Court judgment due to lack of adverse orders from SEBI. The decision was pronounced on 05.10.2018. en-us Fri, 05 Oct 2018 00:00:00 +0530 Wed, 14 Aug 2019 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278872 The Tribunal ruled in favor of the assessee, deleting the addition of Long Term Capital Gains on shares and allowing the appeal against the Commissioner of Income Tax-(A)-10's order for the assessment year 2014-15. The Tribunal emphasized the importance of relying on evidence rather than generalizations or suspicions, citing support from various case laws and dismissing the reliance on a Supreme Court judgment due to lack of adverse orders from SEBI. The decision was pronounced on 05.10.2018. Case-Laws Income Tax Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278872