https://www.taxtmi.com/caselaws?id=789418 A bona fide share-transfer transaction supported by the share purchase agreement, bank records, valuation material, audited financials and purchaser confirmations could not be re-characterised as unexplained cash credit under section 68 read with section 115BBE merely because the purchaser's internal funding structure was questioned. The assessee had explained the receipt and the source trail, so the share-sale consideration was treated as capital gains and the addition was deleted. As the capital gains computation survived, the deduction claim under section 54F was not finally adjudicated and was remanded for verification of the investment details and fresh decision in accordance with law. en-us Mon, 06 Apr 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789418 A bona fide share-transfer transaction supported by the share purchase agreement, bank records, valuation material, audited financials and purchaser confirmations could not be re-characterised as unexplained cash credit under section 68 read with section 115BBE merely because the purchaser's internal funding structure was questioned. The assessee had explained the receipt and the source trail, so the share-sale consideration was treated as capital gains and the addition was deleted. As the capital gains computation survived, the deduction claim under section 54F was not finally adjudicated and was remanded for verification of the investment details and fresh decision in accordance with law. Case-Laws Income Tax Mon, 06 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789418