https://www.taxtmi.com/highlights?id=50132 Long Term Capital Gain - denial exemption u/sec 10(38) - purchase and sale of shares and astronomical increase of share price of LD&PL which led to returns at 350%, in our opinion, is unjustified. - assessee is the beneficiary of bogus transactions by accommodation entries - the assessee is not entitled to claim exemption u/s.10(38) en-us Sat, 09 Nov 2019 06:26:39 +0530 Sat, 09 Nov 2019 06:26:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50132 Long Term Capital Gain - denial exemption u/sec 10(38) - purchase and sale of shares and astronomical increase of share price of LD&PL which led to returns at 350%, in our opinion, is unjustified. - assessee is the beneficiary of bogus transactions by accommodation entries - the assessee is not entitled to claim exemption u/s.10(38) Highlights Income Tax Sat, 09 Nov 2019 06:26:39 +0530 https://www.taxtmi.com/highlights?id=50132