https://www.taxtmi.com/caselaws?id=376189 The Tribunal allowed the appeal of the assessee, deleting the addition of Long Term Capital Gains as the evidence provided was considered adequate and consistent with decisions of the Jurisdictional High Court and ITAT Kolkata. The rejection of the claim by the Assessing Officer and Commissioner (Appeals) was overturned due to the substantial evidence presented by the assessee, including purchase details, payment proofs, bank statements, and other supporting documents. The decision emphasized the importance of relying on specific evidence rather than generalizations or suspicions in such cases. en-us Fri, 01 Feb 2019 00:00:00 +0530 Mon, 04 Mar 2019 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376189 The Tribunal allowed the appeal of the assessee, deleting the addition of Long Term Capital Gains as the evidence provided was considered adequate and consistent with decisions of the Jurisdictional High Court and ITAT Kolkata. The rejection of the claim by the Assessing Officer and Commissioner (Appeals) was overturned due to the substantial evidence presented by the assessee, including purchase details, payment proofs, bank statements, and other supporting documents. The decision emphasized the importance of relying on specific evidence rather than generalizations or suspicions in such cases. Case-Laws Income Tax Fri, 01 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376189