https://www.taxtmi.com/caselaws?id=409368 The Tribunal allowed the appeals of the assessee(s), concluding that the Long Term Capital Gain (LTCG) claimed under Section 10(38) was genuine. The additions under Sections 68 and 69C were not justified, emphasizing the violation of principles of natural justice due to the lack of opportunity for cross-examination. The reopening of assessments under Sections 147/148 was found to be unjustified. en-us Mon, 28 Jun 2021 00:00:00 +0530 Tue, 06 Jul 2021 09:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409368 The Tribunal allowed the appeals of the assessee(s), concluding that the Long Term Capital Gain (LTCG) claimed under Section 10(38) was genuine. The additions under Sections 68 and 69C were not justified, emphasizing the violation of principles of natural justice due to the lack of opportunity for cross-examination. The reopening of assessments under Sections 147/148 was found to be unjustified. Case-Laws Income Tax Mon, 28 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409368