https://www.taxtmi.com/highlights?id=73091 Disallowing business loss - business of trading in shares and securities - As pr AO assessee was directly involved in sham and bogus transactions of entry providers - Though AO has given the chart of fluctuation as well as increase of the data during the said period, the same cannot be the sufficient reason for disallowing the business loss of the assessee. - AT en-us Sat, 18 Nov 2023 16:19:54 +0530 Sat, 18 Nov 2023 16:19:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73091 Disallowing business loss - business of trading in shares and securities - As pr AO assessee was directly involved in sham and bogus transactions of entry providers - Though AO has given the chart of fluctuation as well as increase of the data during the said period, the same cannot be the sufficient reason for disallowing the business loss of the assessee. - AT Highlights Income Tax Sat, 18 Nov 2023 16:19:54 +0530 https://www.taxtmi.com/highlights?id=73091