https://www.taxtmi.com/caselaws?id=384313 The appeal was dismissed, and the addition of Rs. 26,75,724/- as long-term capital gains under Section 50C was upheld. The Tribunal found no merit in the assessee's claim of the transaction being a gift under Section 56(2)(vi) due to the lack of a gift deed and proper documentation. The order of the CIT(A) was affirmed, and the appeal was dismissed. en-us Tue, 06 Aug 2019 00:00:00 +0530 Fri, 09 Aug 2019 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384313 The appeal was dismissed, and the addition of Rs. 26,75,724/- as long-term capital gains under Section 50C was upheld. The Tribunal found no merit in the assessee's claim of the transaction being a gift under Section 56(2)(vi) due to the lack of a gift deed and proper documentation. The order of the CIT(A) was affirmed, and the appeal was dismissed. Case-Laws Income Tax Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384313