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Illustrations : SLP dismissed against order of High Court that where Assessing Officer denied exemption claimed by assessee under section 10(38) on long term capital gain on sale of shares on basis of statement of entry operators under sections 68 and 69 recorded on various dates in some other proceedings not connected with assessee and no opportunity to cross-examine so-called entry providers was given to assessee, Tribunal was justified in accepting plea of assessee that failure to adhere principles of natural justice went to root of matter and in dismissing revenue’s appeal – Principal Commissioner of Income-tax v. Kishore Kumar Mohapatra – [2024] 162 5 (SC)



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