Unexplained Cash Credits from Penny Stocks Confirmed u/s 68 of Income Tax Act, Investigation Reports Detail Modus Operandi.

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....Unexplained cash credits u/s.68 - Penny stock purchases - The modus operandi involving operators, intermediaries and the beneficiaries have already been detailed in the investigation report prepared and disseminated by the Kolkata Investigation Directorate. Similar investigations were also conducted by the Directorate of Investigation at Mumbai and Ahmedabad. - Additions confirmed.....