https://www.taxtmi.com/caselaws?id=307576 The ITAT partly allowed the appeals, setting aside the Ld CIT(A)'s orders and directing the AO to accept the claim of long term capital gains for the assessment year in question. The ITAT found the evidence provided by the assessees regarding the purchases and delivery of shares to be sufficient to establish the genuineness of the sales, disagreeing with the tax authorities' assessment that disbelieved the purchases as genuine. en-us Wed, 23 Sep 2015 00:00:00 +0530 Sun, 23 Apr 2023 13:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307576 The ITAT partly allowed the appeals, setting aside the Ld CIT(A)'s orders and directing the AO to accept the claim of long term capital gains for the assessment year in question. The ITAT found the evidence provided by the assessees regarding the purchases and delivery of shares to be sufficient to establish the genuineness of the sales, disagreeing with the tax authorities' assessment that disbelieved the purchases as genuine. Case-Laws Income Tax Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307576