https://www.taxtmi.com/caselaws?id=446538 The HC held that the petitioner was entitled to receive copies of documents obtained based on a witness statement, even though the respondent claimed not to rely on the oral statement itself but only on documents derived from it. In proceedings concerning bogus LTCG through penny stock transactions, the court found that since the respondent relied on documents obtained from various sources based on the witness statement, the petitioner must be provided these documents to enable filing a detailed reply. The respondent's counsel acknowledged that some relied-upon documents had not been provided and agreed to furnish them promptly. en-us Mon, 27 Nov 2023 00:00:00 +0530 Fri, 25 Oct 2024 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446538 The HC held that the petitioner was entitled to receive copies of documents obtained based on a witness statement, even though the respondent claimed not to rely on the oral statement itself but only on documents derived from it. In proceedings concerning bogus LTCG through penny stock transactions, the court found that since the respondent relied on documents obtained from various sources based on the witness statement, the petitioner must be provided these documents to enable filing a detailed reply. The respondent's counsel acknowledged that some relied-upon documents had not been provided and agreed to furnish them promptly. Case-Laws Income Tax Mon, 27 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446538