https://www.taxtmi.com/caselaws?id=463964 ITAT AHMEDABAD - AT allowed the assessee's appeal and deleted the s. 68 addition treating long-term capital gains from sale of certain shares as bogus. The Tribunal held that, absent cogent material linking the assessee to rigging or sham transactions, reliance on a third-party report was insufficient to sustain the addition. The Revenue's disallowance was therefore reversed and the addition deleted. en-us Wed, 29 Nov 2023 00:00:00 +0530 Wed, 24 Sep 2025 20:44:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463964 ITAT AHMEDABAD - AT allowed the assessee's appeal and deleted the s. 68 addition treating long-term capital gains from sale of certain shares as bogus. The Tribunal held that, absent cogent material linking the assessee to rigging or sham transactions, reliance on a third-party report was insufficient to sustain the addition. The Revenue's disallowance was therefore reversed and the addition deleted. Case-Laws Income Tax Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463964