https://www.taxtmi.com/caselaws?id=470136 Intra-day share-trading sale proceeds cannot be treated in full as unexplained cash credits where the taxpayer was a regular trader, earned only a small trading profit, and claimed no long-term capital-gains exemption. The trading activity did not establish involvement in alleged price manipulation, while comparable transactions in a later assessment year had been accepted. Authorities' precedents were factually distinguishable. Additions for unexplained cash credits and alleged commission expenditure were deleted because the latter lacked supporting evidence. en-us Mon, 17 Mar 2025 00:00:00 +0530 Thu, 16 Jul 2026 19:02:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470136 Intra-day share-trading sale proceeds cannot be treated in full as unexplained cash credits where the taxpayer was a regular trader, earned only a small trading profit, and claimed no long-term capital-gains exemption. The trading activity did not establish involvement in alleged price manipulation, while comparable transactions in a later assessment year had been accepted. Authorities' precedents were factually distinguishable. Additions for unexplained cash credits and alleged commission expenditure were deleted because the latter lacked supporting evidence. Case-Laws Income Tax Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470136