https://www.taxtmi.com/caselaws?id=782813 ITAT Ahmedabad upheld the order of CIT(A) deleting the addition made u/s 69C and dismissing the Revenue's appeal. It was noted that the assessee had furnished comprehensive documentary evidence, including capital gain/loss computation, demat and transaction statements, bank statements, and details of share transactions, all of which were acknowledged in the assessment order but effectively ignored by the AO. The assessee established the genuineness and creditworthiness of the long-term capital gain transactions, which had been duly disclosed in the return for the relevant assessment year. On both legal and factual grounds, ITAT held that CIT(A) had correctly appreciated the material on record and there was no justification to interfere with the findings. en-us Tue, 02 Dec 2025 00:00:00 +0530 Thu, 04 Dec 2025 09:19:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782813 ITAT Ahmedabad upheld the order of CIT(A) deleting the addition made u/s 69C and dismissing the Revenue's appeal. It was noted that the assessee had furnished comprehensive documentary evidence, including capital gain/loss computation, demat and transaction statements, bank statements, and details of share transactions, all of which were acknowledged in the assessment order but effectively ignored by the AO. The assessee established the genuineness and creditworthiness of the long-term capital gain transactions, which had been duly disclosed in the return for the relevant assessment year. On both legal and factual grounds, ITAT held that CIT(A) had correctly appreciated the material on record and there was no justification to interfere with the findings. Case-Laws Income Tax Tue, 02 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782813