Unexplained cash credits u/s.68 - Penny stock purchases - The ...

Case Laws Income Tax

March 28, 2020

Unexplained cash credits u/s.68 - Penny stock purchases - The modus operandi involving operators, intermediaries and the beneficiaries have already been detailed in the investigation report prepared and disseminated by the Kolkata Investigation Directorate. Similar investigations were also conducted by the Directorate of Investigation at Mumbai and Ahmedabad. - Additions confirmed.

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Unexplained cash credits u/s.68 - Penny stock purchases - The ...

Case Laws Income Tax

March 28, 2020

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