https://www.taxtmi.com/caselaws?id=431126 The Tribunal allowed the appeals of the assessees, holding that the additions made by the Assessing Officer were not justified. The Tribunal emphasized the importance of providing an opportunity for cross-examination and relying on documentary evidence rather than presumptions and investigation reports. The Tribunal directed the Assessing Officer to allow the exemption of long-term capital gain under Section 10(38) and delete the addition of estimated commission. en-us Wed, 06 Jul 2022 00:00:00 +0530 Tue, 06 Dec 2022 14:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431126 The Tribunal allowed the appeals of the assessees, holding that the additions made by the Assessing Officer were not justified. The Tribunal emphasized the importance of providing an opportunity for cross-examination and relying on documentary evidence rather than presumptions and investigation reports. The Tribunal directed the Assessing Officer to allow the exemption of long-term capital gain under Section 10(38) and delete the addition of estimated commission. Case-Laws Income Tax Wed, 06 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431126