https://www.taxtmi.com/caselaws?id=789655 Bogus long-term capital gain claims cannot be rejected on suspicion or human probabilities alone where the assessee produces documentary proof of share purchase, dematerialisation, exchange-based sale, banking-channel payments and transaction records. The Revenue must bring cogent material linking the assessee to price rigging, accommodation entries, an entry operator or an exit provider, and must displace the assessee's evidence with specific rebuttal. In the absence of direct material implicating the assessee or its broker, addition under section 68 and denial of exemption under section 10(38) are unsustainable. en-us Thu, 09 Apr 2026 00:00:00 +0530 Sat, 11 Apr 2026 08:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789655 Bogus long-term capital gain claims cannot be rejected on suspicion or human probabilities alone where the assessee produces documentary proof of share purchase, dematerialisation, exchange-based sale, banking-channel payments and transaction records. The Revenue must bring cogent material linking the assessee to price rigging, accommodation entries, an entry operator or an exit provider, and must displace the assessee's evidence with specific rebuttal. In the absence of direct material implicating the assessee or its broker, addition under section 68 and denial of exemption under section 10(38) are unsustainable. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789655