TMI BlogBogus LTCG - Addition u/s 68 - Statement of the assessee recorded during investigation leads to the...Bogus LTCG - Addition u/s 68 - Statement of the assessee recorded during investigation leads to the irresistible conclusion that the assessee has not discharged his onus to prove that the entire transaction was genuine because it is incomprehensible that a person, assessee in this case, who is constantly in touch with the person since 25.06.2012 when he has purchased the scrips by making payment through undisclosed cash, then got the scrips dematerialized on 30.12.2013 only after legalizing the ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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