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![Share Transaction cannot be treated as Bogus when Assessee produced all Relevant Documents but Parties are not Traceable: Bombay HC [Read Judgment] Share Transaction cannot be treated as Bogus when Assessee produced all Relevant Documents but Parties are not Traceable: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg)
Share Transaction cannot be treated as Bogus when Assessee produced all Relevant Documents but Parties are not Traceable: Bombay HC [Read Judgment]
In CIT v. M/s. Orchid Industries Pvt. Ltd, a division bench of the Bombay High Court held that share transactions cannot be treated as bogus under...