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Penny Stock LTCG Cannot Be Bogus Without Evidence Against Assessee: ITAT Mumbai

20 Aug 2026 · 20 Aug 2026By CA Sandeep Kanoi

ITAT Mumbai deleted Section 68 and 69C additions, finding no cogent evidence against the assessee and noting documentary proof of share transactions. The post Penny Stock LTCG Cannot Be Bogus Without Evidence Against Assessee: ITAT Mumbai appeared first on TaxGuru .

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