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Income Tax | ITAT Ahmedabad Rejects Penny Stock Additions Without Evidence of Bogus Trading

10 Oct 2026 · 4d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Ahmedabad rejects penny stock addition of Rs. 19,310 and disallowance of Rs. 43.54 lakh share trading loss for lack of specific evidence. The post ITAT Ahmedabad Rejects Penny Stock Additions Without Evidence of Bogus Trading appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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