Assessee's Short-Term Capital Gain Claim Initially Rejected as Bogus, Later Allowed by Authorities.

Assessee's Short-Term Capital Gain Claim Initially Rejected as Bogus, Later Allowed by Authorities. https://www.taxtmi.com/highlights?id=26132 Short term capital gain - AO held to be as bogus and not real accordingly assessed the same as income of the assessee from undisclosed sources - shares have been purchased only on the date on which they were credited in the d-mat account. - claim of assessee allowed - AT en-us Fri, 27 Nov 2015 16:44:48 +0530 Fri, 27 Nov 2015 16:44:48 +0530 TaxTMI RSS Generator Assessee's Short-Term Capital Gain Claim Initially Rejected as Bogus, Later Allowed by Authorities. https://www.taxtmi.com/highlights?id=26132 Short term capital gain - AO held to be as bogus and not real accordingly assessed the same as income of the assessee from undisclosed sources - shares have been purchased only on the date on which they were credited in the d-mat account. - claim of assessee allowed - AT Highlights Income Tax Fri, 27 Nov 2015 16:44:48 +0530 https://www.taxtmi.com/highlights?id=26132