https://www.taxtmi.com/caselaws?id=798971 Insight Portal information may validly trigger reassessment enquiries where the taxpayer receives notice, the response is considered, and the record shows independent application of mind rather than mechanical reliance on departmental inputs. Documented share purchases and sales through recognised brokers and exchanges, supported by demat records, contract notes, bank statements and securities transaction tax, cannot be characterised as unexplained money or accommodation entries without evidence of cash dealings, fabricated records, or a link to entry providers. Uncorroborated investigation material and suspicion do not displace unrebutted transaction evidence; the reopening challenge failed, but the alleged bogus capital-gain addition was deleted. en-us Fri, 11 Sep 2026 00:00:00 +0530 Tue, 15 Sep 2026 08:31:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798971 Insight Portal information may validly trigger reassessment enquiries where the taxpayer receives notice, the response is considered, and the record shows independent application of mind rather than mechanical reliance on departmental inputs. Documented share purchases and sales through recognised brokers and exchanges, supported by demat records, contract notes, bank statements and securities transaction tax, cannot be characterised as unexplained money or accommodation entries without evidence of cash dealings, fabricated records, or a link to entry providers. Uncorroborated investigation material and suspicion do not displace unrebutted transaction evidence; the reopening challenge failed, but the alleged bogus capital-gain addition was deleted. Case-Laws Income Tax Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798971