Additions in Section 153A Case Deleted as Assessee Not Involved in Client Code Modification; No SEBI Action Found.

Additions in Section 153A Case Deleted as Assessee Not Involved in Client Code Modification; No SEBI Action Found. https://www.taxtmi.com/highlights?id=50788 Assessment u/s 153A - Addition made on account of Client Code Modification(CCM) - it is an admitted fact that the assessee is not a member of any exchange and cannot execute CCM and the transactions on account of CCM done by the group concerns are not found to be false or untrue - SEBI or the stock exchange has not taken any action treating the transactions to be non genuine - Additions deleted. en-us Thu, 19 Dec 2019 12:09:58 +0530 Thu, 19 Dec 2019 12:09:58 +0530 TaxTMI RSS Generator Additions in Section 153A Case Deleted as Assessee Not Involved in Client Code Modification; No SEBI Action Found. https://www.taxtmi.com/highlights?id=50788 Assessment u/s 153A - Addition made on account of Client Code Modification(CCM) - it is an admitted fact that the assessee is not a member of any exchange and cannot execute CCM and the transactions on account of CCM done by the group concerns are not found to be false or untrue - SEBI or the stock exchange has not taken any action treating the transactions to be non genuine - Additions deleted. Highlights Income Tax Thu, 19 Dec 2019 12:09:58 +0530 https://www.taxtmi.com/highlights?id=50788