No Violation found by SEBI on Broker or Taxpayer w.r.t alleged CCM Transactions: ITAT directs AO to Delete Addition of Rs. 4.38 lakhs [Read Order]

There was no violation was found by SEBI on the broker or on the assessee with regard to alleged CCM transactions
ITAT - SEBI - violations found by SEBI - tax payers - SEBI and brokers - TAXSCAN

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer ( AO ) to delete the addition of Rs. 4.38 lakhs, as no violation was found by the Securities and Exchange Board of India ( SEBI ) on the broker or the taxpayer concerning the alleged Client Code…

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