https://www.taxtmi.com/caselaws?id=777854 Section 68 addition on share sale consideration was deleted because the assessee produced a consistent documentary chain, including the share purchase agreement, offer letter, regulatory approval, purchaser confirmation, and audited financials, which established the purchaser's identity and source of funds; the Revenue did not rebut this evidence, so the addition was unsustainable. Section 54F relief was not to be restricted to half merely because the new residential house was jointly held with the assessee's wife, since the entire purchase consideration was paid by the assessee from his own bank account and no contrary ownership share was specified in the sale deed; full deduction was therefore allowed. en-us Mon, 13 Jan 2025 00:00:00 +0530 Sat, 06 Sep 2025 08:16:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777854 Section 68 addition on share sale consideration was deleted because the assessee produced a consistent documentary chain, including the share purchase agreement, offer letter, regulatory approval, purchaser confirmation, and audited financials, which established the purchaser's identity and source of funds; the Revenue did not rebut this evidence, so the addition was unsustainable. Section 54F relief was not to be restricted to half merely because the new residential house was jointly held with the assessee's wife, since the entire purchase consideration was paid by the assessee from his own bank account and no contrary ownership share was specified in the sale deed; full deduction was therefore allowed. Case-Laws Income Tax Mon, 13 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777854