Share Sale Profit Taxed at 10% as Short-Term Gains; No Additions for Unexplained Credits u/s 68.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Profit on sale of shares - short term capital gains subject to tax @ 10% as per provisions of sec. 111A OR addition(s) made by Assessing Officer on account of unexplained credits u/s 68 - non-genuine purchases/sales of transactions of shares - Assessee has satisfied all the conditions - No addition u/s 68 - AT....