Assessment u/s 153A - Addition made on account of Client Code ...

Additions in Section 153A Case Deleted as Assessee Not Involved in Client Code Modification; No SEBI Action Found.

December 19, 2019

Case Laws Income Tax AT

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 execute CCM and the transactions on account of CCM done by the group concerns are not found to be false or untrue - SEBI or the stock exchange has not taken any action treating the transactions to be non genuine - Additions deleted.

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Assessment u/s 153A - Addition made on account of Client Code ...

Additions in Section 153A Case Deleted as Assessee Not Involved in Client Code Modification; No SEBI Action Found.

December 19, 2019

Case Laws Income Tax AT

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