https://www.taxtmi.com/caselaws?id=801336 Share-sale proceeds supported by recognised stock-exchange transactions, registered brokers, demat records, securities transaction tax payments and banking-channel receipts were treated as sufficiently substantiated. General investigation information concerning the scrip, assumptions based on company financials and suspicion did not establish that the taxpayer participated in accommodation entries, price manipulation or a sham arrangement. The addition as unexplained cash credit was therefore deleted. The estimated commission addition as unexplained expenditure also lacked an independent evidentiary basis once the underlying share-sale addition failed, and was deleted. en-us Tue, 13 Oct 2026 00:00:00 +0530 Mon, 19 Oct 2026 07:01:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801336 Share-sale proceeds supported by recognised stock-exchange transactions, registered brokers, demat records, securities transaction tax payments and banking-channel receipts were treated as sufficiently substantiated. General investigation information concerning the scrip, assumptions based on company financials and suspicion did not establish that the taxpayer participated in accommodation entries, price manipulation or a sham arrangement. The addition as unexplained cash credit was therefore deleted. The estimated commission addition as unexplained expenditure also lacked an independent evidentiary basis once the underlying share-sale addition failed, and was deleted. Case-Laws Income Tax Tue, 13 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801336