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Penny Stocks

ITAT - Disallowance - Trading Loss - Penny Stock Shares - Insufficient Evidence - Price Manipulation - taxscan
ITAT deletes Disallowance of Trading Loss on Alleged Penny Stock Shares Due to Insufficient Evidence of Price Manipulation [Read Order]
November 23, 2024
ITAT-Income-Tax-Appellate-Tribunal-ITAT-Ahmedabad-LTCG-long-term-capital-gains-Penny-Stock-Penny-Stock-Transactions-TAXSCAN
ITAT Quashes ₹4.27 cr Addition in Alleged Bogus LTCG from Penny Stock Transactions Citing Lack of Fair Opportunity for Senior Citizen [Read Order]
October 24, 2024
Penny stock gains - ITAT Mumbai - Income Tax Appellate Tribunal - Income tax additions - Taxation on penny stocks - Income Tax - taxscan
ITAT nullifies Income Tax Additions in Penny Stock Deal for Quick Gains [Read Order]
January 8, 2024
LTCG  - Sale of  Equity - Share - Penny Stock Companies - BSE -  not eligible - exemption - I.T Act - ITAT - taxscan
LTCG from Sale of Equity Share of Penny Stock Companies listed with BSE is not eligible for exemption u/s10(38) of I.T Act :ITAT [Read Order]
October 9, 2023
No Penalty - Income Tax Act - Income Tax Act on Payment Received - Sale of Penny Stock Shares - ITAT - taxscan
No Penalty u/s 271(1)(c) of Income Tax Act on Payment Received on Sale of Penny Stock Shares: ITAT [Read Order]
May 18, 2023
Exemption - Disallowed - Transaction - Penny Stock - ITAT - Income Tax - Taxscan
Exemption u/s 10(38) cannot be Disallowed when Transaction is Not Declared as Penny Stock: ITAT [Read Order]
April 8, 2023
CBDT - Guidelines wrt - Listed Scrips of Penny Stock - Unlisted Scrips - ITAT - Penny Stock
CBDT Guidelines wrt Listed Scrips of Penny Stock not to be applied for Unlisted Scrips: ITAT
February 25, 2023
bogus Transactions - LTCG - Penny Stock Companies - Penny Stock - ITAT - Revisional Order - enquire - taxscan
AO failed to enquire about bogus Transactions of Earning LTCG from Penny Stock Companies: ITAT upholds Revisional Order [Read Order]
December 31, 2022
Addition of Unexplained Credit - Addition - Unexplained - bogus LTCG - bogus - LTCG - Sale of Penny Stock - penny stock - Cogent evidence - Delhi HC - taxscan
Addition of Unexplained Credit based on bogus LTCG on Sale of Penny Stock without Cogent evidence is not valid: Delhi HC [Read Order]
December 1, 2022
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