Section 68: No Bogus Share Transactions Found; Shares Sold at Purchase Price, No Financial Gain Detected.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition u/s 68 - Bogus share transactions - accommodation entries receipt - all these shares in the preceding as well as in the current year were purchased from various companies at Rs. 250/- per share and were sold at the same price. - these are not the accommodation entries but shares were sold at the same price at which these were purchased and thereby no pecuniary gain has accrued to the assessee. - AT....