https://www.taxtmi.com/caselaws?id=55430 The Tribunal allowed the appeal, overturning the rejection of the assessee's claim for long term capital gains due to missing purchase vouchers for sold gold ornaments. The Tribunal found the explanation for the absence of vouchers after 60 years reasonable, rejecting the necessity to prove dire need to sell the ornaments. Emphasizing the lack of examination of the purchaser and highlighting the credibility of the sale voucher, the Tribunal held that there was no justification for treating the entire amount as income from other sources. en-us Fri, 29 Nov 1985 00:00:00 +0530 Sat, 27 Nov 2010 10:31:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55430 The Tribunal allowed the appeal, overturning the rejection of the assessee's claim for long term capital gains due to missing purchase vouchers for sold gold ornaments. The Tribunal found the explanation for the absence of vouchers after 60 years reasonable, rejecting the necessity to prove dire need to sell the ornaments. Emphasizing the lack of examination of the purchaser and highlighting the credibility of the sale voucher, the Tribunal held that there was no justification for treating the entire amount as income from other sources. Case-Laws Income Tax Fri, 29 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55430