https://www.taxtmi.com/caselaws?id=470654 Documented listed-share transactions through recognised stock exchanges, registered brokers, demat accounts and banking channels cannot be treated as unexplained cash credits merely because the scrip is alleged to be a penny stock or a general investigation report raises suspicion. Denial of long-term capital gains exemption requires cogent assessee-specific material linking the taxpayer to price manipulation, entry operators, exit providers or unaccounted cash circulation; human-probability reasoning alone cannot displace supporting records. An estimated commission addition for alleged accommodation entries has no basis where the underlying share transaction is accepted as genuine and explained. en-us Tue, 25 Mar 2025 00:00:00 +0530 Mon, 03 Aug 2026 19:04:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470654 Documented listed-share transactions through recognised stock exchanges, registered brokers, demat accounts and banking channels cannot be treated as unexplained cash credits merely because the scrip is alleged to be a penny stock or a general investigation report raises suspicion. Denial of long-term capital gains exemption requires cogent assessee-specific material linking the taxpayer to price manipulation, entry operators, exit providers or unaccounted cash circulation; human-probability reasoning alone cannot displace supporting records. An estimated commission addition for alleged accommodation entries has no basis where the underlying share transaction is accepted as genuine and explained. Case-Laws Income Tax Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470654