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Income Tax - Highlights / Catch Notes

Home Highlights June 2021 Year 2021 This

Bogus LTCG - penny stock purchases - genuineness of claim of ...

Case Laws     Income Tax

June 28, 2021

Bogus LTCG - penny stock purchases - genuineness of claim of exempt income u/s 10(38) of the Act from Long Term Capital Gain - Since we have held the transaction of Long Term Capital Gain as genuine no addition for estimated brokerage expense is thus called for - AT

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