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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Bogus LTCG - Addition u/s. 69 - nowhere in report of ...

Income Tax

June 6, 2019

Bogus LTCG - Addition u/s. 69 - nowhere in report of Investigation Wing is it seen that the assessee has indulged in any nefarious activities or her broker has carried out any stage managed/pre determined sale of the shares - the sale considerations have happened through the banking channel - no specific evidence which have been collected by the AO - LTGG allowed

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