Assessment u/s 153A - Bogus claim of LTCG - the assessee has ...

Case Laws Income Tax

November 28, 2020

Assessment u/s 153A - Bogus claim of LTCG - the assessee has discharged the necessary onus cast on him in terms of claim of exemption of long term capital gains u/s 10(38) of the Act by establishing the genuineness of transaction of purchase and sale of shares and satisfying the requisite conditions specified therein and the gains so arising on sale of shares therefore has been rightly claimed as exempt u/s 10(38) - AT

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Assessment u/s 153A - Bogus claim of LTCG - the assessee has ...

Case Laws Income Tax

November 28, 2020

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