https://www.taxtmi.com/caselaws?id=787870 Long Term Capital Gains treatment was contested against additions classified as unexplained credits; the tribunal applied the principle that unimpeached primary documentary evidence of purchase and sale through exchange, demat and banking channels shifts the burden to revenue to produce cogent material disproving genuineness, and held that market volatility, third party investigation reports and suspicions alone do not suffice; on that basis and by reference to coordinate bench precedents on identical scrip and broker facts, the addition as unexplained credit and consequential commission addition were deleted and the gains accepted as genuine. en-us Mon, 16 Feb 2026 00:00:00 +0530 Wed, 11 Mar 2026 12:16:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787870 Long Term Capital Gains treatment was contested against additions classified as unexplained credits; the tribunal applied the principle that unimpeached primary documentary evidence of purchase and sale through exchange, demat and banking channels shifts the burden to revenue to produce cogent material disproving genuineness, and held that market volatility, third party investigation reports and suspicions alone do not suffice; on that basis and by reference to coordinate bench precedents on identical scrip and broker facts, the addition as unexplained credit and consequential commission addition were deleted and the gains accepted as genuine. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787870