Addition u/s 68 - Bogus share transactions - accommodation ...

Section 68: No Bogus Share Transactions Found; Shares Sold at Purchase Price, No Financial Gain Detected.

May 24, 2022

Case Laws Income Tax AT

Addition u/s 68 - Bogus share transactions - accommodation entries receipt - all these shares in the preceding as well as in the current year were purchased from various companies at Rs. 250/- per share and were sold at the same price. - these are not the accommodation entries but shares were sold at the same price at which these were purchased and thereby no pecuniary gain has accrued to the assessee. - AT

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Addition u/s 68 - Bogus share transactions - accommodation ...

Section 68: No Bogus Share Transactions Found; Shares Sold at Purchase Price, No Financial Gain Detected.

May 24, 2022

Case Laws Income Tax AT

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