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#Bogus Capital Gain

Every article filed under the “Bogus Capital Gain” tag — analysis, news and updates.

281 articles
Income TaxDelhi ITAT Deletes Penny Stock Addition; Suspicion Can’t Replace Evidence
Income Tax

Delhi ITAT Deletes Penny Stock Addition; Suspicion Can’t Replace Evidence

CA Vijayakumar Shetty1 month ago
Income TaxNo Bogus LTCG Addition Without Proof of Price Manipulation Linking Assessee: ITAT Raipur
Income Tax

No Bogus LTCG Addition Without Proof of Price Manipulation Linking Assessee: ITAT Raipur

CA Vijayakumar Shetty1 month ago
Income TaxSection 68 Addition Deleted as Earlier Accepted Shares Can’t Be Held Bogus: ITAT Kolkata
Income Tax

Section 68 Addition Deleted as Earlier Accepted Shares Can’t Be Held Bogus: ITAT Kolkata

CA Sandeep Kanoi2 months ago
Income TaxAhmedabad ITAT Deletes Bogus LTCG Addition; Independent Enquiry Essential
Income Tax

Ahmedabad ITAT Deletes Bogus LTCG Addition; Independent Enquiry Essential

CA Vijayakumar Shetty2 months ago
Income TaxPenny Stock LTCG Allegation Rejected as Revenue Produced No Assessee-Specific Evidence
Income Tax

Penny Stock LTCG Allegation Rejected as Revenue Produced No Assessee-Specific Evidence

CA Sandeep Kanoi2 months ago
Income TaxITAT Deletes Bogus LTCG Addition in absence of Independent Inquiry & Corresponding Bank Credits
Income Tax

ITAT Deletes Bogus LTCG Addition in absence of Independent Inquiry & Corresponding Bank Credits

CA Sandeep Kanoi2 months ago
Income TaxBogus LTCG Addition Sustained as Tribunal Finds Evidence of Fabricated Share Purchase Records
Income Tax

Bogus LTCG Addition Sustained as Tribunal Finds Evidence of Fabricated Share Purchase Records

CA Sandeep Kanoi2 months ago
Income TaxNo Evidence of Penny Stock Exemption Claim, Calcutta HC Quashed Reassessment
Income Tax

No Evidence of Penny Stock Exemption Claim, Calcutta HC Quashed Reassessment

CA Sandeep Kanoi2 months ago
Income TaxITAT Deletes LTCG Addition as Mere Suspicion Cannot Replace Evidence in Penny Stock Cases
Income Tax

ITAT Deletes LTCG Addition as Mere Suspicion Cannot Replace Evidence in Penny Stock Cases

CA Sandeep Kanoi2 months ago
Income TaxLTCG Exemption Denied as 3072% Returns Failed Human Test Probability
Income Tax

LTCG Exemption Denied as 3072% Returns Failed Human Test Probability

CA Sandeep Kanoi2 months ago
Income TaxSC Upholds LTCG Addition as Extraordinary Penny Stock Gains Defied Business Logic
Income Tax

SC Upholds LTCG Addition as Extraordinary Penny Stock Gains Defied Business Logic

CA Sandeep Kanoi2 months ago
Income TaxDelhi HC Upholds LTCG Addition on Extraordinary 4910% Returns from Penny Stock
Income Tax

Delhi HC Upholds LTCG Addition on Extraordinary 4910% Returns from Penny Stock

CA Sandeep Kanoi2 months ago
Income TaxLTCG Exemption allowed as Revenue Failed to Link Assessee to Penny Stock Manipulation
Income Tax

LTCG Exemption allowed as Revenue Failed to Link Assessee to Penny Stock Manipulation

CA Sandeep Kanoi2 months ago
Income TaxITAT Delhi Upholds Addition as Penny Stock LTCG Lacked Genuineness
Income Tax

ITAT Delhi Upholds Addition as Penny Stock LTCG Lacked Genuineness

CA Sandeep Kanoi2 months ago