https://www.taxtmi.com/caselaws?id=381275 The Tribunal allowed the appeal, directing the AO to delete the addition made under Section 68 and treat the gains from the sale of shares as LTCG exempt under Section 10(38). The Tribunal found the transactions genuine, supported by documentary evidence, and criticized the AO's reliance on suspicion without direct evidence. en-us Tue, 04 Jun 2019 00:00:00 +0530 Thu, 06 Jun 2019 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381275 The Tribunal allowed the appeal, directing the AO to delete the addition made under Section 68 and treat the gains from the sale of shares as LTCG exempt under Section 10(38). The Tribunal found the transactions genuine, supported by documentary evidence, and criticized the AO's reliance on suspicion without direct evidence. Case-Laws Income Tax Tue, 04 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381275