https://www.taxtmi.com/caselaws?id=381625 The Tribunal allowed the appeal, overturning lower authorities' decisions. It held the transactions genuine, rejecting the AO's treatment of sale proceeds as undisclosed income under Section 68. The Tribunal found no direct evidence linking the assessee to dubious activities, emphasizing the provided documentation. Previous cases and lack of direct evidence supported the assessee. The decision was announced on 12 June 2019. en-us Wed, 12 Jun 2019 00:00:00 +0530 Fri, 14 Jun 2019 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381625 The Tribunal allowed the appeal, overturning lower authorities' decisions. It held the transactions genuine, rejecting the AO's treatment of sale proceeds as undisclosed income under Section 68. The Tribunal found no direct evidence linking the assessee to dubious activities, emphasizing the provided documentation. Previous cases and lack of direct evidence supported the assessee. The decision was announced on 12 June 2019. Case-Laws Income Tax Wed, 12 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381625