https://www.taxtmi.com/caselaws?id=396572 The Tribunal allowed the appeal, deleting additions of Rs. 33.37 Lacs for the sale of shares and Rs. 17.40 Lacs for the sale of jewelry. The Tribunal found the sale of shares genuine, supported by broker bills and bank statements, and the jewelry sale consistent with customary gifts. The additions were quashed, overturning the CIT(A)'s decision. en-us Tue, 05 May 2020 00:00:00 +0530 Fri, 10 Jul 2020 21:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396572 The Tribunal allowed the appeal, deleting additions of Rs. 33.37 Lacs for the sale of shares and Rs. 17.40 Lacs for the sale of jewelry. The Tribunal found the sale of shares genuine, supported by broker bills and bank statements, and the jewelry sale consistent with customary gifts. The additions were quashed, overturning the CIT(A)'s decision. Case-Laws Income Tax Tue, 05 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396572