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2022 (5) TMI 1009 - AT - Income TaxAddition u/s 68 - transaction was accommodation entry arrangement - bogus long term capital gain on the sale of shares - HELD THAT:- As assessee has not furnished any material suggesting that the transaction in question was genuinely in normal course and was not accommodation entry arrangement as held by the authorities below. In the absence of any supporting evidence regarding claim of the assessee we see no reason to interfere with the finding of the learned CIT(Appeals) and the same is hereby upheld. - Decided against assessee.
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