Bogus LTCG - addition u/s 68 - exemption of LTCG u/s 10(38) - ...

Case Laws Income Tax

July 18, 2019

Bogus LTCG - addition u/s 68 - exemption of LTCG u/s 10(38) - penny stock - neither the assessee nor his broker are named as illegitimate beneficiary to bogus LTCG in any of the alleged statements of the operators/brokers or reports/orders of SEBI or INV wing - AO has also failed to produce any material/evidence to dislodge or controvert the genuineness of the conclusive documentary evidences - no addition

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Bogus LTCG - addition u/s 68 - exemption of LTCG u/s 10(38) - ...

Case Laws Income Tax

July 18, 2019

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