https://www.taxtmi.com/caselaws?id=418950 The Tribunal allowed the assessee's appeal, directing the AO to accept the LTCG declared by the assessee and grant the exemption under section 10(38). The Tribunal emphasized that the Revenue failed to provide any evidence linking the assessee's transactions to the investigation findings. However, the Tribunal allowed the Revenue the liberty to file an application to recall the order if new evidence linking the transactions to the investigation was found. The appeal was thus allowed in favor of the assessee. en-us Thu, 24 Feb 2022 00:00:00 +0530 Mon, 28 Feb 2022 08:34:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418950 The Tribunal allowed the assessee's appeal, directing the AO to accept the LTCG declared by the assessee and grant the exemption under section 10(38). The Tribunal emphasized that the Revenue failed to provide any evidence linking the assessee's transactions to the investigation findings. However, the Tribunal allowed the Revenue the liberty to file an application to recall the order if new evidence linking the transactions to the investigation was found. The appeal was thus allowed in favor of the assessee. Case-Laws Income Tax Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418950