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Kolkata ITAT Upholds Bogus LTCG Findings Based on Penny Stock Transactions

16 Aug 2026 · 16 Aug 2026By CA Sandeep Kanoi

ITAT Kolkata dismisses appeals over penny stock LTCG, following Swati Bajaj and upholding additions under Section 68 and denial of Section 10(38) exemption. The post Kolkata ITAT Upholds Bogus LTCG Findings Based on Penny Stock Transactions appeared first on TaxGuru .

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