https://www.taxtmi.com/highlights?id=74254 Addition u/s 68 - bogus sale proceeds of shares - Since, the assessee has only dealt with the above transaction after receiving the shares thru “will” from his mother, he has nothing to offer any explanation. AO has proceeded to make the addition based on the various statements of the operators. At the same time, he has not brought on record how the assessee is involved in the above transaction except trading in the stock exchange. He has not established any relationship with any of the operators. - AT en-us Thu, 18 Jan 2024 08:59:38 +0530 Thu, 18 Jan 2024 08:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74254 Addition u/s 68 - bogus sale proceeds of shares - Since, the assessee has only dealt with the above transaction after receiving the shares thru “will” from his mother, he has nothing to offer any explanation. AO has proceeded to make the addition based on the various statements of the operators. At the same time, he has not brought on record how the assessee is involved in the above transaction except trading in the stock exchange. He has not established any relationship with any of the operators. - AT Highlights Income Tax Thu, 18 Jan 2024 08:59:38 +0530 https://www.taxtmi.com/highlights?id=74254