Case Law Details
Case Name : Suneeta Sekhri Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2018-19
Courts :
All ITAT ITAT Mumbai
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Suneeta Sekhri Vs DCIT (ITAT Mumbai)
PCIT Cannot Invoke Section 263 on Penny Stock LTCG Where AO Conducted Detailed Enquiry & Issue Is Debatable – ITAT Mumbai
The ITAT Mumbai quashed the revision order passed u/s 263 for AY 2018-19, holding that the PCIT wrongly assumed jurisdiction in a case involving alleged bogus LTCG on sale of penny stock shares.
The
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
