https://www.taxtmi.com/caselaws?id=471431 Documented listed-share transactions executed through the stock exchange, supported by contract notes, demat-account entries and banking-channel payments, established their genuineness. Holding the shares for more than one year, coupled with the absence of cogent material rebutting the evidence or linking the assessee to alleged accommodation-entry operators, discharged the assessee's burden of proof. Sale proceeds therefore could not be treated as unexplained cash credit, and the related estimated commission addition as unexplained expenditure could not be sustained. en-us Wed, 07 May 2025 00:00:00 +0530 Wed, 02 Sep 2026 13:54:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471431 Documented listed-share transactions executed through the stock exchange, supported by contract notes, demat-account entries and banking-channel payments, established their genuineness. Holding the shares for more than one year, coupled with the absence of cogent material rebutting the evidence or linking the assessee to alleged accommodation-entry operators, discharged the assessee's burden of proof. Sale proceeds therefore could not be treated as unexplained cash credit, and the related estimated commission addition as unexplained expenditure could not be sustained. Case-Laws Income Tax Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471431