https://www.taxtmi.com/highlights?id=67225 Addition u/s 68 - Bogus LTCG - The assessee cannot escape from the burden cast upon him and unfortunately in these cases the burden is heavy as the facts establish that the shares which were traded by the assessees had phenomenal and fanciful rise in price in a short span of time - The assessee had opportunity to prove that there was no manipulation at the other end and whatever gains the assessee has reaped was not tainted. This has not been proved or established - AT en-us Tue, 20 Dec 2022 16:38:45 +0530 Tue, 20 Dec 2022 16:38:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67225 Addition u/s 68 - Bogus LTCG - The assessee cannot escape from the burden cast upon him and unfortunately in these cases the burden is heavy as the facts establish that the shares which were traded by the assessees had phenomenal and fanciful rise in price in a short span of time - The assessee had opportunity to prove that there was no manipulation at the other end and whatever gains the assessee has reaped was not tainted. This has not been proved or established - AT Highlights Income Tax Tue, 20 Dec 2022 16:38:45 +0530 https://www.taxtmi.com/highlights?id=67225