Held that the assessee has produced bank statement and DMT statement; hence, the sale transaction cannot be assessed as a sham transaction. Capital gains exemption was allowed. (AY.2013-14)
Kavya Satija v. Dy. CIT (2025) 235 TTJ 217 (Delhi)(Trib)
S. 68: Cash credits-Share transactions-Capital gains-Cannot be assessed as sham transaction-Addition was deleted. [S. 10(38,45]
Leave a Reply