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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Fraudulent share transactions - the shares purchased by the ...


Fraudulent Share Transactions: Assessee Backdates Purchases to Falsely Claim Long-Term Capital Gains Tax Benefits.

March 28, 2015

Case Laws     Income Tax     AT

Fraudulent share transactions - the shares purchased by the assessee have been backdated to give it a colour of Long term capital gain by showing the period of holding for more than 12 months - HC

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