Bogus LTCG - Disallowance on claim of exemption u/s. 10(38) of ...

Case Laws Income Tax

May 22, 2023

Bogus LTCG - Disallowance on claim of exemption u/s. 10(38) of LTCG - penny stock transactions - The price rise of the penny stock scrip was abrupt, sudden and unrealistic. No cogent material has been brought by the assessee on record to rebut the above finding of the AO. - Addition confirmed - AT

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Bogus LTCG - Disallowance on claim of exemption u/s. 10(38) of ...

Case Laws Income Tax

May 22, 2023

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