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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Addition u/s 68 - bogus purchase of shares - paper transactions ...

Income Tax

December 19, 2018

Addition u/s 68 - bogus purchase of shares - paper transactions - So far as the huge rise in the sale price of the shares is concerned, it is trite law that the additions could not be made merely on the basis of suspicion, conjectures or surmises.

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