https://www.taxtmi.com/highlights?id=51462 Revision u/s 263 - assessee has claimed as exempt LTCG seemed to be bogus - it is too early on the part of the Pr. CIT to direct the AO to redo the assessment so that abuse of provision of section 10(38) is prevented and income is brought to tax in light of recent judgments in penny stock cases. en-us Tue, 28 Jan 2020 10:04:19 +0530 Tue, 28 Jan 2020 10:04:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51462 Revision u/s 263 - assessee has claimed as exempt LTCG seemed to be bogus - it is too early on the part of the Pr. CIT to direct the AO to redo the assessment so that abuse of provision of section 10(38) is prevented and income is brought to tax in light of recent judgments in penny stock cases. Highlights Income Tax Tue, 28 Jan 2020 10:04:19 +0530 https://www.taxtmi.com/highlights?id=51462