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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Bogus loss from client code modification (CCM) and stage- ...

Case Laws     Income Tax

August 20, 2019

Bogus loss from client code modification (CCM) and stage- managing - when there is no such violation pointed out during the course of hearing that assessee’s broker carried out the relevant client code modification as per prescribed rules or not - loss is duly allowable

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  11. Assessment u/s 153A - Addition made on account of Client Code Modification(CCM) - it is an admitted fact that the assessee is not a member of any exchange and cannot...

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