https://www.taxtmi.com/caselaws?id=384928 The Tribunal allowed the appeal, directing the AO to delete the addition made under section 68 of the Income-tax Act. It held that the assessee's transactions were genuine, supported by valid documentation, and the LTCG exemption under section 10(38) was rightly claimed. The Tribunal emphasized the importance of concrete evidence over suspicion or general reports to justify such additions. en-us Wed, 21 Aug 2019 00:00:00 +0530 Mon, 26 Aug 2019 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384928 The Tribunal allowed the appeal, directing the AO to delete the addition made under section 68 of the Income-tax Act. It held that the assessee's transactions were genuine, supported by valid documentation, and the LTCG exemption under section 10(38) was rightly claimed. The Tribunal emphasized the importance of concrete evidence over suspicion or general reports to justify such additions. Case-Laws Income Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384928