https://www.taxtmi.com/caselaws?id=284428 The Tribunal upheld the Assessing Officer's findings that the Long Term Capital Gain (LTCG) on the sale of shares was not genuine, denying the exemption claim under section 10(38) of the Income-tax Act. The Tribunal also confirmed the addition of commission expenses related to accommodation entries. The appeal was dismissed, as the assessee failed to prove the genuineness of the LTCG and commission expenses, with the Tribunal finding the additions justified based on the evidence presented. en-us Tue, 20 Aug 2019 00:00:00 +0530 Mon, 18 Nov 2019 08:23:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284428 The Tribunal upheld the Assessing Officer's findings that the Long Term Capital Gain (LTCG) on the sale of shares was not genuine, denying the exemption claim under section 10(38) of the Income-tax Act. The Tribunal also confirmed the addition of commission expenses related to accommodation entries. The appeal was dismissed, as the assessee failed to prove the genuineness of the LTCG and commission expenses, with the Tribunal finding the additions justified based on the evidence presented. Case-Laws Income Tax Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284428