Ahmedabad ITAT upheld a ₹14.85 lakh addition in a share-trading case after finding that transaction records alone did not establish the genuineness of gains from Kushal Tradelink shares. The tribunal, however, sent the taxpayer’s separate ₹40.74 lakh long-term capital-loss claim back to the CIT(A).
Ahmedabad ITAT upheld a ₹14.85 lakh addition in a share-trading case after finding that transaction records alone did not establish the genuineness of gains from Kushal Tradelink shares. The tribunal, however, sent the taxpayer’s separate ₹40.74 lakh long-term capital-loss claim back to the CIT(A). by Soban News (international And National News)
