https://www.taxtmi.com/caselaws?id=304535 The Tribunal ruled in favor of the assessee, emphasizing the importance of decisions based on concrete evidence rather than general assumptions. The addition of entire sale proceeds as income and denial of exemption under section 10(38) of the Income Tax Act was deleted. Both appeals of the assessee were allowed, highlighting the necessity for specific evidence in each case and following the precedent set by previous case law decisions. en-us Wed, 24 Oct 2018 00:00:00 +0530 Sun, 02 Oct 2022 19:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304535 The Tribunal ruled in favor of the assessee, emphasizing the importance of decisions based on concrete evidence rather than general assumptions. The addition of entire sale proceeds as income and denial of exemption under section 10(38) of the Income Tax Act was deleted. Both appeals of the assessee were allowed, highlighting the necessity for specific evidence in each case and following the precedent set by previous case law decisions. Case-Laws Income Tax Wed, 24 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304535