Bogus LTCG - AO has unearthed the bogus transaction of purchase ...
Assessing Officer Finds Share Purchase and Sale Fraudulent; Assessee Fails to Prove Authenticity of Transaction.
August 16, 2019
Case Laws Income Tax AT
Bogus LTCG - AO has unearthed the bogus transaction of purchase and sale of shares which was not real and assessee has failed to dispel all the quarries raised by the AO to establish that the transaction in question was real and not beyond human probabilities.
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