TMI BlogRevision u/s 263 - assessee has claimed as exempt LTCG seemed to be bogus - it is too early on the part...Revision u/s 263 - assessee has claimed as exempt LTCG seemed to be bogus - it is too early on the part of the Pr. CIT to direct the AO to redo the assessment so that abuse of provision of section 10(38) is prevented and income is brought to tax in light of recent judgments in penny stock cases. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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