https://www.taxtmi.com/caselaws?id=430198 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 39,37,423/- as bogus Long Term Capital Gain (LTCG) and the disallowance of Rs. 1,50,000/- for housing loan interest payment. The Tribunal emphasized the importance of genuine documentary evidence in supporting the assessee's claims and highlighted the need for specific evidence to substantiate allegations of bogus transactions. The appeal filed by the assessee was allowed. en-us Fri, 11 Nov 2022 00:00:00 +0530 Mon, 14 Nov 2022 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430198 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 39,37,423/- as bogus Long Term Capital Gain (LTCG) and the disallowance of Rs. 1,50,000/- for housing loan interest payment. The Tribunal emphasized the importance of genuine documentary evidence in supporting the assessee's claims and highlighted the need for specific evidence to substantiate allegations of bogus transactions. The appeal filed by the assessee was allowed. Case-Laws Income Tax Fri, 11 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430198