Addition u/s 68 - No action appears to have been taken in the ...

Section 68: No Previous Action on Share Purchase; Sale Amount Not Fully Taxable Under Income Tax Act.

July 14, 2021

Case Laws Income Tax AT

Addition u/s 68 - No action appears to have been taken in the preceding assessment year treating the purchase of the shares as bogus. Once such bogus purchase is sold then the entire amount, cannot be added u/s. 68 - AT

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Addition u/s 68 - No action appears to have been taken in the ...

Section 68: No Previous Action on Share Purchase; Sale Amount Not Fully Taxable Under Income Tax Act.

July 14, 2021

Case Laws Income Tax AT

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