ITAT Rules General Investigation Report Cannot Establish Bogus LTCG:
The ITAT Mumbai ruled mere allegations of price manipulation cannot justify Section 68 addition.
ITAT Deletes Rs 1.93 Crore Penny Stock Addition
Saima
Sep 8, 2026
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ITAT Rules General Investigation Report Cannot Establish Bogus LTCG
The ITAT Mumbai ruled mere allegations of price manipulation cannot justify Section 68 addition.
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About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
542My Recent Articles
- ITAT Deletes Disallowance on Foreign Commission Paid for Services Rendered Outside India
- ITAT Holds Sale of Indian Trademark Rights by Novartis AG Not Taxable as Royalty Under India-Switzerland DTAA
- ITAT Remands Ex-Parte Income Tax Appeal for Fresh Adjudication
- ITAT Deletes R&D Disallowance as AO Exceeded Limited Scrutiny Jurisdiction
- High Court Issues Guidelines for Denial of GST Input Tax Credit Due to Supplier’s Tax Default
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