TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of Addition u/s 68 - bogus share transactions - as alleged transactions in shares, “penny stock” are fraudulent and accommodation entries - The Appellate Tribunal noted that the appellant had purchased and subsequently sold shares of a company through open market channels using authorized brokers. The appellant provided comprehensive documentation, including credit notes, contract notes, Demat account statements, and bank statements, to substantiate the transactions. - Despite sharp fluctuations in share prices, the ITAT found no evidence of wrongdoing or irregularities in the appellant's transactions. - Consequently, the additions so made deleted.
TaxTMI 
TaxTMI 
