https://www.taxtmi.com/caselaws?id=431830 The Tribunal dismissed the appeal against an order by the Income Tax Appellate Tribunal regarding alleged long-term capital gains from share sales. It emphasized the assessing officer's failure to conduct an independent inquiry, discrepancies in dates and SEBI orders, and the need for corroborating evidence. The decision highlighted the importance of Section 142 of the Act and previous dismissals of appeals in similar cases. The appeal delay was addressed, and the Tribunal upheld the original order, emphasizing the factual findings and lack of interference with them. en-us Thu, 08 Dec 2022 00:00:00 +0530 Wed, 21 Dec 2022 21:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431830 The Tribunal dismissed the appeal against an order by the Income Tax Appellate Tribunal regarding alleged long-term capital gains from share sales. It emphasized the assessing officer's failure to conduct an independent inquiry, discrepancies in dates and SEBI orders, and the need for corroborating evidence. The decision highlighted the importance of Section 142 of the Act and previous dismissals of appeals in similar cases. The appeal delay was addressed, and the Tribunal upheld the original order, emphasizing the factual findings and lack of interference with them. Case-Laws Income Tax Thu, 08 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431830