https://www.taxtmi.com/caselaws?id=281170 The Tribunal ruled in favor of the assessee, deleting the addition made under section 68 of the Income Tax Act concerning Long Term Capital Gains on the sale of shares. The decision was based on the extensive evidence provided by the assessee and the precedents established by the Jurisdictional High Court and the ITAT Kolkata in similar cases. The judgment emphasized the importance of evidence-based decisions and adherence to legal precedents, ultimately overturning the rejection of the claim of Long Term Capital Gains. en-us Fri, 01 Feb 2019 00:00:00 +0530 Wed, 05 Jun 2019 23:57:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281170 The Tribunal ruled in favor of the assessee, deleting the addition made under section 68 of the Income Tax Act concerning Long Term Capital Gains on the sale of shares. The decision was based on the extensive evidence provided by the assessee and the precedents established by the Jurisdictional High Court and the ITAT Kolkata in similar cases. The judgment emphasized the importance of evidence-based decisions and adherence to legal precedents, ultimately overturning the rejection of the claim of Long Term Capital Gains. Case-Laws Income Tax Fri, 01 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281170