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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Penalty u/s 27(1)(c) - bogus LTCG claim of the assessee on ...

Income Tax

October 8, 2020

Penalty u/s 27(1)(c) - bogus LTCG claim of the assessee on transaction in penny stocks of Mukesh Choksi Group of accommodation entry providers - ITAT deleted the penalty - The assessee has supported the face value of transactions with bills and payments - Order of ITAT confirmed - HC

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