https://www.taxtmi.com/caselaws?id=409030 The Tribunal allowed the appeals filed by the assessees, holding that the transactions were genuine and the conditions for claiming exemption under Section 10(38) were fulfilled. The Tribunal also ruled that the addition made by the AO without providing the opportunity for cross-examination was invalid. Consequently, all grounds raised by the assessees were allowed, and the appeals were decided in favor of the assessees. en-us Tue, 25 May 2021 00:00:00 +0530 Mon, 28 Jun 2021 10:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409030 The Tribunal allowed the appeals filed by the assessees, holding that the transactions were genuine and the conditions for claiming exemption under Section 10(38) were fulfilled. The Tribunal also ruled that the addition made by the AO without providing the opportunity for cross-examination was invalid. Consequently, all grounds raised by the assessees were allowed, and the appeals were decided in favor of the assessees. Case-Laws Income Tax Tue, 25 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409030