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#Bogus Capital Gain

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

281 articles
Income TaxSC Allowed LTCG Exemption as Revenue Failed to Prove Penny Stock Manipulation
Income Tax

SC Allowed LTCG Exemption as Revenue Failed to Prove Penny Stock Manipulation

CA Sandeep Kanoi3 months ago
Income TaxReassessment Invalid as AO Had Only ‘Reason to Suspect’ and Not ‘Reason to Believe’ in Bogus LTCG Case
Income Tax

Reassessment Invalid as AO Had Only ‘Reason to Suspect’ and Not ‘Reason to Believe’ in Bogus LTCG Case

CA Sandeep Kanoi3 months ago
Income TaxLTCG Exemption Allowed as Documentary Evidence Outweighed Penny Stock Allegations
Income Tax

LTCG Exemption Allowed as Documentary Evidence Outweighed Penny Stock Allegations

CA Sandeep Kanoi4 months ago
Income TaxPenny Stock LTCG Cannot Be Treated as Bogus Without Independent Evidence: ITAT Delhi
Income Tax

Penny Stock LTCG Cannot Be Treated as Bogus Without Independent Evidence: ITAT Delhi

CA Sandeep Kanoi4 months ago
Income TaxPenny Stock Allegation Rejected Due to Lack of Evidence Against Share Transactions
Income Tax

Penny Stock Allegation Rejected Due to Lack of Evidence Against Share Transactions

CA Sandeep Kanoi4 months ago
Income TaxLTCG Addition Deleted as No Evidence Linking Assessee to Penny Stock Manipulation: ITAT Delhi
Income Tax

LTCG Addition Deleted as No Evidence Linking Assessee to Penny Stock Manipulation: ITAT Delhi

CA Sandeep Kanoi4 months ago
Income TaxITAT Deletes Loss Disallowance Due to Lack of Evidence of Share Price Manipulation
Income Tax

ITAT Deletes Loss Disallowance Due to Lack of Evidence of Share Price Manipulation

CA Sandeep Kanoi5 months ago
Income TaxLTCG Addition Deleted: No Evidence Linking Assessee to Penny Stock Scheme
Income Tax

LTCG Addition Deleted: No Evidence Linking Assessee to Penny Stock Scheme

CA Sandeep Kanoi5 months ago
Income TaxNo Penny Stock LTCG Addition if no Evidence Linking Assessee to Share Price Manipulation
Income Tax

No Penny Stock LTCG Addition if no Evidence Linking Assessee to Share Price Manipulation

CA Sandeep Kanoi5 months ago
Income TaxPenny Stock LTCG Not Bogus Based Only on Investigation Reports: ITAT Ahmedabad
Income Tax

Penny Stock LTCG Not Bogus Based Only on Investigation Reports: ITAT Ahmedabad

CA Sandeep Kanoi5 months ago
Income TaxPenny Stock Share Transactions: Reassessment Quashed for Change of Opinion
Income Tax

Penny Stock Share Transactions: Reassessment Quashed for Change of Opinion

CA Sandeep Kanoi5 months ago
Income TaxLTCG Cannot Be Treated as Bogus Solely on Investigation Report: ITAT Mumbai
Income Tax

LTCG Cannot Be Treated as Bogus Solely on Investigation Report: ITAT Mumbai

CA Sandeep Kanoi5 months ago
Income TaxITAT Mumbai Deletes LTCG Addition as No Evidence of Share Transaction Being Bogus
Income Tax

ITAT Mumbai Deletes LTCG Addition as No Evidence of Share Transaction Being Bogus

CA Sandeep Kanoi5 months ago
Income TaxITAT Deletes Tax Addition Because Long-Term Share Investment Was Genuine, Not Penny Stock
Income Tax

ITAT Deletes Tax Addition Because Long-Term Share Investment Was Genuine, Not Penny Stock

CA Sandeep Kanoi5 months ago