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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Treatment of Long Term Capital Gains as undisclosed income - if ...

Income Tax

March 22, 2018

Treatment of Long Term Capital Gains as undisclosed income - if the shares were of some fictitious company which was not listed in the Bombay Stock Exchange/National Stock Exchange, the shares could never have been transferred to demat account - revenue failed to prove that transaction were bogus - HC

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