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![Failure of Assessee to Substantiate Enhanced Cost of Acquisition with Cogent Evidence: ITAT upholds Disallowance of Excess Cost [Read Order] Failure of Assessee to Substantiate Enhanced Cost of Acquisition with Cogent Evidence: ITAT upholds Disallowance of Excess Cost [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Failure-of-Assessee-Cost-of-Acquisition-Cost-of-Acquisition-with-Cogent-Evidence-ITAT-ITAT-upholds-Disallowance-of-Excess-Cost-Excess-Cost-taxscan.jpg)
Failure of Assessee to Substantiate Enhanced Cost of Acquisition with Cogent Evidence: ITAT upholds Disallowance of Excess Cost [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, on the assessee’s failure to substantiate enhanced...


![Addition of Unexplained Credit based on bogus LTCG on Sale of Penny Stock without Cogent evidence is not valid: Delhi HC [Read Order] Addition of Unexplained Credit based on bogus LTCG on Sale of Penny Stock without Cogent evidence is not valid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Addition-of-Unexplained-Credit-Addition-Unexplained-bogus-LTCG-bogus-LTCG-Sale-of-Penny-Stock-penny-stock-Cogent-evidence-Delhi-HC-taxscan.jpg)

![Charge of Forgery on Textile reports not sustainable in the absence of Cogent Evidence: CESTAT sets aside Penalty [Read Order] Charge of Forgery on Textile reports not sustainable in the absence of Cogent Evidence: CESTAT sets aside Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/textile-reports-cogent-evidence-CESTAT-penalty-taxscan.jpg)