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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Bogus LTCG - addition u/s 68 - the assessee is a habitual ...

Case Laws     Income Tax

January 14, 2020

Bogus LTCG - addition u/s 68 - the assessee is a habitual investor having portfolio of investment in shares in crores and is still holding investment in shares in several crores and is constantly engaged in investing in shares of various companies - assessee has successfully discharged the onus cast upon him by provisions of section 68 - Additions deleted.

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