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2021 (6) TMI 926 - ITAT INDORE
Addition u/s 68 - bogus LTCG to claim exemption u/s 10(38) - HELD THAT:- No documentary evidence to prove that the assessee was indulged in managing the affair of providing accommodation entry - Appeals deserves to be allowed on merits of the case, conditions for claiming exempt u/s 10(38) of the Act were fulfilled with regard to the sale transaction and the evidence so produced in support thereof has not been controverted by the revenue authorities. Thus the common grounds raised on merits by both assessee are allowed.