penny stock

  • Income Tax

Addition for bogus capital gain deleted as transaction took place before SEBI order

Addition for bogus capital gain in penny stock company deleted as shares were purchased and sold before order of SEBI…

6 months ago
  • Income Tax

Addition for investment in penny stock company set aside to show how assessee involved in Company

Addition for investment in penny stock company remitted to record how assessee involved in promoting company and how inflated shares…

4 years ago
  • Income Tax

Monetary limits for filing income tax appeal not to apply to bogus penny stocks cases of LTCG/STCL

Monetary limits for filing income tax appeal not to apply to bogus penny stocks transactions of Long Term Capital Gains…

5 years ago
  • Income Tax

LTCG exemption denied for Penny stock set aside by ITAT as AO not confronted the assessee

LTCG exemption denied for Penny stock set aside by ITAT as AO had placed reliance on documents not confronted to…

5 years ago