Fictitious loss by way of Client Code Modification (CCM) - ...

Court Allows Loss Claims: No Evidence of Collusion in Client Code Modification Transactions; Losses Deemed Legitimate.

July 6, 2019

Case Laws Income Tax AT

Fictitious loss by way of Client Code Modification (CCM) - unexplained expenditure - The transactions of were duly supported by bills/contract notes and also confirm by parties whose name appear in the data that the transactions are belonging to them only and there is nothing on record establishes any collusion/connivance of the assessee with the share broker - losses allowable

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Fictitious loss by way of Client Code Modification (CCM) - ...

Court Allows Loss Claims: No Evidence of Collusion in Client Code Modification Transactions; Losses Deemed Legitimate.

July 6, 2019

Case Laws Income Tax AT

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