Share Sale Profit Taxed at 10% as Short-Term Gains; No Additions for Unexplained Credits u/s 68. https://www.taxtmi.com/highlights?id=27851 Profit on sale of shares - short term capital gains subject to tax @ 10% as per provisions of sec. 111A OR addition(s) made by Assessing Officer on account of unexplained credits u/s 68 - non-genuine purchases/sales of transactions of shares - Assessee has satisfied all the conditions - No addition u/s 68 - AT en-us Mon, 07 Mar 2016 14:26:33 +0530 Mon, 07 Mar 2016 14:26:33 +0530 TaxTMI RSS Generator Share Sale Profit Taxed at 10% as Short-Term Gains; No Additions for Unexplained Credits u/s 68. https://www.taxtmi.com/highlights?id=27851 Profit on sale of shares - short term capital gains subject to tax @ 10% as per provisions of sec. 111A OR addition(s) made by Assessing Officer on account of unexplained credits u/s 68 - non-genuine purchases/sales of transactions of shares - Assessee has satisfied all the conditions - No addition u/s 68 - AT Highlights Income Tax Mon, 07 Mar 2016 14:26:33 +0530 https://www.taxtmi.com/highlights?id=27851