https://www.taxtmi.com/caselaws?id=285326 The Tribunal allowed the assessee's appeal concerning the assessment of long term capital gains on the sale of shares. It directed the assessing officer to re-examine the case considering all relevant documents provided by the assessee to establish the genuine nature of the transaction. The Tribunal emphasized the importance of factual analysis and objective evidence in determining the legitimacy of the share sale, granting the assessee the opportunity to cross-examine witnesses and access statements recorded by the investigation wing. The appeal was allowed for statistical purposes. en-us Wed, 28 Aug 2019 00:00:00 +0530 Wed, 08 Jan 2020 07:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285326 The Tribunal allowed the assessee's appeal concerning the assessment of long term capital gains on the sale of shares. It directed the assessing officer to re-examine the case considering all relevant documents provided by the assessee to establish the genuine nature of the transaction. The Tribunal emphasized the importance of factual analysis and objective evidence in determining the legitimacy of the share sale, granting the assessee the opportunity to cross-examine witnesses and access statements recorded by the investigation wing. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 28 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285326