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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Profit on sale of shares - short term capital gains subject to ...

Case Laws     Income Tax

March 7, 2016

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

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