Addition u/s 68 - LTCG on sale of penny stock - considering the ...

Income Tax

August 9, 2019

Addition u/s 68 - LTCG on sale of penny stock - considering the vortex of evidences, the assessee has successfully discharged the onus cast upon him by provisions of section 68 - discharge of onus u/s 68 is purely a question of fact and therefore the judicial decisions relied upon by the DR would do no good on the peculiar plethora of evidences in respect of the facts of the case in hand - no addition

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Addition u/s 68 - LTCG on sale of penny stock - considering the ...

Income Tax

August 9, 2019

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