#Bogus Capital Gain
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291 articlesIncome Tax

Income Tax
ITAT deletes ₹48.48 Lakh Penny Stock Investment Addition for lack of evidence
Income Tax

Income Tax
Calcutta HC allows LTCG exemption on share of Wagend Infra Venture Limited
Income Tax

Income Tax
Reassessment of Alleged Bogus LTCG/STCG Remitted for Source Investigation
Income Tax

Income Tax
No section 68 addition merely for trading in penny stock: ITAT Mumbai
Income Tax

Income Tax
LTCG on Penny Stocks: Report Not Before AO Can’t Make Order Prejudicial to Revenue
Income Tax

Income Tax
LTCG on sale of shares: Addition based on mere generalized reports & conjectures not sustainable
Income Tax

Income Tax
ITAT Allows LTCG Exemption on Shares due to Overreliance on Investigation Report, Absence of Enquiry & Genuineness of Transactions
Income Tax

Income Tax
HC Upholds Tribunal’s Decision: Insufficient Evidence to prove Share Transactions as Bogus
Income Tax

Income Tax
LTCG exemption cannot be denied for mere suspicion without concrete evidence
Income Tax

Income Tax
ITAT Restores LTCG Addition from Penny Stock to CIT(A) for Reevaluation
Income Tax

Income Tax
No Addition for Off-Market Penny Stocks if Purchase is Justified & Proper Documentation is Provided
Income Tax

Income Tax
Shares Sale/Purchase Not a Colourable Transaction Based on Mere Suspicion
Income Tax

Income Tax
Loss of penny stock: Section 263 revision not valid if twin conditions not fulfilled
Income Tax

Income Tax
