Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (8) TMI 1732 - AT - Income TaxBogus LTCG - Addition u/s 68 - HELD THAT:- Assessee has discharged its onus about the veracity of the transaction and the claim made on the sale consideration of shares of M/s. SESL as claimed u/s 10(38) - AO being influenced by the investigation report of the Investigation Wing of the Department has taken adverse view against the assessee without any direct evidence / material to suggest that the entire claim of assessee was bogus. - Decided in favour of assessee.
|