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    <title>2019 (4) TMI 1503 - RAJASTHAN HIGH COURT</title>
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    <description>The court dismissed the appeal challenging the deletion of the addition of Rs. 2,65,27,020 made on account of Bogus Long Term Capital Gain. The appellant argued that the transactions for the purchase of shares lacked evidence of genuineness, as payments were only mentioned in cash without banking transactions. Despite reliance on a previous judgment in favor of the assessee, the court held that no substantial question of law arose, as the matter was similar to the precedent judgment, leading to the dismissal of the appeal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=379059</link>
      <description>The court dismissed the appeal challenging the deletion of the addition of Rs. 2,65,27,020 made on account of Bogus Long Term Capital Gain. The appellant argued that the transactions for the purchase of shares lacked evidence of genuineness, as payments were only mentioned in cash without banking transactions. Despite reliance on a previous judgment in favor of the assessee, the court held that no substantial question of law arose, as the matter was similar to the precedent judgment, leading to the dismissal of the appeal.</description>
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      <pubDate>Thu, 14 Mar 2019 00:00:00 +0530</pubDate>
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