Typo Error in Recorded Reasons Doesn’t Invalidate Reassessment on Penny Stock LTCG

Rohit Prakashchandra Shah Vs ITO (ITAT Ahmedabad)

Reopening Under Section 147 Upheld Despite Missing Paragraph in Reasons: ITAT Ahmedabad Clarifies Typo Doesn’t Invalidate AO’s Satisfaction; Reassessment on Penny Stock LTCG Justified When Original Return Omits Capital Gains, Says ITAT Ahmedabad; Typographical Error in Recorded Reasons Doesn’t Invalidate Reopening: ITAT Affirms AO’s Action Based on Insight Portal Inputs; No Bar on Using Search-Based Information for Reopening: ITAT Upholds Validity of Section 147 Action; Claim of Exempt LTCG on Penny Stock Rejected: I

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