Claim of LTCG exemption was genuine as even SEBI didn't find any manipulation in scrip price: ITAT

IT : Where once purchase and sale of shares had been made through Bombay Stock Exchange and routed through DMAT account, sale proceeds had to be reckoned from sale of such shares and would be treated as explained credit or investment, and, thus, long-term capital gain shown by assessee was genuine and consequently, liable for exemption under section 10(38)

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