Profit on sale of shares - short term capital gains subject to ...
Share Sale Profit Taxed at 10% as Short-Term Gains; No Additions for Unexplained Credits u/s 68.
March 7, 2016
Case Laws Income Tax AT
Profit on sale of shares - short term capital gains subject to tax @ 10% as per provisions of sec. 111A OR addition(s) made by Assessing Officer on account of unexplained credits u/s 68 - non-genuine purchases/sales of transactions of shares - Assessee has satisfied all the conditions - No addition u/s 68 - AT
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