https://www.taxtmi.com/caselaws?id=789702 Share-sale transactions supported by share application and allotment records, demat statements, contract notes, broker ledgers and banking trail were treated as genuine, and the addition as unexplained cash credit was held unsustainable because the record showed no specific evidence of bogus accommodation entries or defects in the documents. The reliance on general investigation material, price manipulation allegations and human probabilities was insufficient to displace the apparent transaction on suspicion alone. As the commission disallowance was only consequential to the rejected share transaction addition, it also failed. The long-term capital gain exemption was therefore upheld in favour of the assessee. en-us Fri, 10 Apr 2026 00:00:00 +0530 Mon, 13 Apr 2026 07:52:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789702 Share-sale transactions supported by share application and allotment records, demat statements, contract notes, broker ledgers and banking trail were treated as genuine, and the addition as unexplained cash credit was held unsustainable because the record showed no specific evidence of bogus accommodation entries or defects in the documents. The reliance on general investigation material, price manipulation allegations and human probabilities was insufficient to displace the apparent transaction on suspicion alone. As the commission disallowance was only consequential to the rejected share transaction addition, it also failed. The long-term capital gain exemption was therefore upheld in favour of the assessee. Case-Laws Income Tax Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789702