https://www.taxtmi.com/caselaws?id=467247 Assessment of long-term capital gains on sale of listed shares turned on genuineness of transactions; the piece concludes that comprehensive documentary evidence - share certificates/contract notes, demat statements, broker sale records, bank receipts and levy of securities transaction tax - satisfied evidentiary requirements and were not rebutted by revenue. In absence of independent inquiry or cogent contrary material and having regard to a Coordinate Bench finding on identical facts, additions under provisions dealing with unexplained income and bogus share transactions were deleted and the taxpayer's LTCG claim sustained. en-us Tue, 06 Jan 2026 00:00:00 +0530 Wed, 11 Mar 2026 19:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467247 Assessment of long-term capital gains on sale of listed shares turned on genuineness of transactions; the piece concludes that comprehensive documentary evidence - share certificates/contract notes, demat statements, broker sale records, bank receipts and levy of securities transaction tax - satisfied evidentiary requirements and were not rebutted by revenue. In absence of independent inquiry or cogent contrary material and having regard to a Coordinate Bench finding on identical facts, additions under provisions dealing with unexplained income and bogus share transactions were deleted and the taxpayer's LTCG claim sustained. Case-Laws Income Tax Tue, 06 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467247