https://www.taxtmi.com/caselaws?id=794168 Additions under Section 68 read with Section 115BBE were challenged where the assessment was based on an investigation report without independent enquiry and the onus under Section 68 was in issue. The Delhi HC treated the ITAT as the last fact-finding authority, accepted its factual conclusions on the alleged bogus LTCG from penny stocks, and held that no substantial question of law arose; the Revenue's appeals were dismissed. In the Supreme Court, the interlocutory application for withdrawal of the SLP was allowed, and the petitioner was permitted to withdraw it. en-us Tue, 16 Dec 2025 00:00:00 +0530 Wed, 01 Jul 2026 08:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794168 Additions under Section 68 read with Section 115BBE were challenged where the assessment was based on an investigation report without independent enquiry and the onus under Section 68 was in issue. The Delhi HC treated the ITAT as the last fact-finding authority, accepted its factual conclusions on the alleged bogus LTCG from penny stocks, and held that no substantial question of law arose; the Revenue's appeals were dismissed. In the Supreme Court, the interlocutory application for withdrawal of the SLP was allowed, and the petitioner was permitted to withdraw it. Case-Laws Income Tax Tue, 16 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794168