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Section 10(38) Exemption Denied for LTCG Due to Bogus Penny Stock Transactions; SEBI Suspends Inflated Stocks.
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....Disallowance of exemption claimed u/s. 10(38) - Bogus LTCG - Penny stock transactions - The SEBI has suspended the penny stock of those companies, who involved in ragging of prices of penny stocks companies - Additions confirmed - AT....
TaxTMI
TaxTMI