2022 (4) TMI 1452 - SCH - Income Tax

Additions made u/s 68 read with Section 115BBE - LTCG in penny stocks - As per HC Lower tax authorities are not able to sustain the addition without any cogent material on record - HELD THAT - Issue notice. Dasti, in addition.

Summary

The Supreme Court issued an order in a case with citation 2022 (4) TMI 1452 - SC. The judges were Hon'ble Mr. Justice Sanjiv Khanna and Hon'ble Ms. Justice Bela M. Trivedi. The petitioner was represented by Mr. Vikramjit Banerjee, ASG, and others. The court issued notice and ordered Dasti, in addition, tagging the case with SLP(C) No. 419 of 2022.