https://www.taxtmi.com/caselaws?id=302818 The tribunal upheld the additions made by the Assessing Officer, dismissing the appeals and confirming that the transactions were not genuine. The tribunal found substantial evidence of market manipulation and accommodation entries, rejecting the assessee's arguments on validity of notice, sham LTCG, violation of natural justice, evidentiary value of statements, burden of proof, deeming fictions, basis of findings, opportunity to confront material, applicability of Section 68, consistency with relief in similar cases, statutory status of stock exchange evidence, and alleged commission payment. en-us Tue, 04 Jan 2022 00:00:00 +0530 Tue, 01 Nov 2022 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302818 The tribunal upheld the additions made by the Assessing Officer, dismissing the appeals and confirming that the transactions were not genuine. The tribunal found substantial evidence of market manipulation and accommodation entries, rejecting the assessee's arguments on validity of notice, sham LTCG, violation of natural justice, evidentiary value of statements, burden of proof, deeming fictions, basis of findings, opportunity to confront material, applicability of Section 68, consistency with relief in similar cases, statutory status of stock exchange evidence, and alleged commission payment. Case-Laws Income Tax Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302818