https://www.taxtmi.com/caselaws?id=466919 Where the assessee produced documentary primary evidence-stock exchange contract notes, demat account receipts/deliveries and banking channel payments-these records established genuineness of share purchases and sales; a generalized investigation report, without specific material linking the assessee to alleged price manipulation, is not primary evidence and cannot sustain an addition as unexplained money under Section 68. Consequently the addition of long-term capital gain as unexplained income was deleted and the appeal allowed in favour of the assessee. en-us Mon, 24 Feb 2025 00:00:00 +0530 Wed, 25 Feb 2026 14:12:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466919 Where the assessee produced documentary primary evidence-stock exchange contract notes, demat account receipts/deliveries and banking channel payments-these records established genuineness of share purchases and sales; a generalized investigation report, without specific material linking the assessee to alleged price manipulation, is not primary evidence and cannot sustain an addition as unexplained money under Section 68. Consequently the addition of long-term capital gain as unexplained income was deleted and the appeal allowed in favour of the assessee. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466919