https://www.taxtmi.com/caselaws?id=788133 Genuineness of share transactions was upheld where year specific contemporaneous documentary evidence (preferential allotment letters, demat statements, contract notes, STT receipts and banking records) corroborated market trades; the revenue failed to produce tangible, assessment year specific material to rebut the assessee's explanation, so additions as unexplained credits were reversed. Similarly, without independent year specific evidence of commission payments, estimated additions for embedded commission and any special tax treatment tied to such additions could not be sustained and were deleted, resulting in relief to the assessee. en-us Fri, 13 Mar 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788133 Genuineness of share transactions was upheld where year specific contemporaneous documentary evidence (preferential allotment letters, demat statements, contract notes, STT receipts and banking records) corroborated market trades; the revenue failed to produce tangible, assessment year specific material to rebut the assessee's explanation, so additions as unexplained credits were reversed. Similarly, without independent year specific evidence of commission payments, estimated additions for embedded commission and any special tax treatment tied to such additions could not be sustained and were deleted, resulting in relief to the assessee. Case-Laws Income Tax Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788133