Failure to produce documents with respect to LTCG arising out of Purchase and Sale of Shares: ITAT upholds Addition [Read Order]

ITAT upheld the addition made due to the failure to produce the documents with respect to Long TermCapital Gain ( LTCG ) arising out of the purchase and sale of shares
ITAT - ITAT Chennai - LTCG - ITAT upholds Addition - Purchase and Sale of Shares - Tax news - Taxscan

The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) held that the assessee failed to produce the documents with respect to Long Term Capital Gain ( LTCG ) arising out of the purchase and sale of shares hence the bench upheld the addition made by the assessing officer. The Assessee  R. Shobha Lodha, filed return…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader