https://www.taxtmi.com/caselaws?id=799675 Documented IPO acquisition, demat-account credit, screen-based share sales and banking-channel receipts support the genuineness of share transactions. General suspicion concerning a scrip, investigation material unconnected to the taxpayer, and an inference based on human probabilities do not displace contemporaneous documentary evidence without cogent material linking the taxpayer to price rigging, entry operations or manipulation. Consequently, share-sale proceeds are not treated as unexplained cash credits, declared long-term capital gains remain acceptable, and a commission addition premised on bogus transactions has no independent basis. en-us Wed, 16 Sep 2026 00:00:00 +0530 Fri, 25 Sep 2026 11:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799675 Documented IPO acquisition, demat-account credit, screen-based share sales and banking-channel receipts support the genuineness of share transactions. General suspicion concerning a scrip, investigation material unconnected to the taxpayer, and an inference based on human probabilities do not displace contemporaneous documentary evidence without cogent material linking the taxpayer to price rigging, entry operations or manipulation. Consequently, share-sale proceeds are not treated as unexplained cash credits, declared long-term capital gains remain acceptable, and a commission addition premised on bogus transactions has no independent basis. Case-Laws Income Tax Wed, 16 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799675