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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Short term capital gain - AO held to be as bogus and not real ...


Assessee's Short-Term Capital Gain Claim Initially Rejected as Bogus, Later Allowed by Authorities.

November 27, 2015

Case Laws     Income Tax     AT

Short term capital gain - AO held to be as bogus and not real accordingly assessed the same as income of the assessee from undisclosed sources - shares have been purchased only on the date on which they were credited in the d-mat account. - claim of assessee allowed - AT

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