https://www.taxtmi.com/caselaws?id=782512 ITAT Raipur dismissed the Revenue's appeal and upheld the order of CIT(A)/NFAC deleting additions made for alleged bogus LTCG/STCG and unexplained investment under section 69B. The assessee was found to be a broker in edible oils, earning only commission by procuring orders for retailers, with no engagement in trading of shares or scrips. The Department did not dispute the nature of his business or income. The alleged share transactions were found to have been carried out by a third-party HUF, not the assessee. Consequently, no undisclosed income was established. en-us Thu, 07 Aug 2025 00:00:00 +0530 Mon, 01 Dec 2025 10:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782512 ITAT Raipur dismissed the Revenue's appeal and upheld the order of CIT(A)/NFAC deleting additions made for alleged bogus LTCG/STCG and unexplained investment under section 69B. The assessee was found to be a broker in edible oils, earning only commission by procuring orders for retailers, with no engagement in trading of shares or scrips. The Department did not dispute the nature of his business or income. The alleged share transactions were found to have been carried out by a third-party HUF, not the assessee. Consequently, no undisclosed income was established. Case-Laws Income Tax Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782512