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![Unusual Price rise/ fall in Shares of Company can’t be a basis to draw an inference that Capital Loss generated is Bogus: ITAT [Read Order] Unusual Price rise/ fall in Shares of Company can’t be a basis to draw an inference that Capital Loss generated is Bogus: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Unusual-Price-rise-Shares-of-Company-Capital-Loss-Bogus-Income-Tax-ITAT-Taxscan.jpg)
Unusual Price rise/ fall in Shares of Company can’t be a basis to draw an inference that Capital Loss generated is Bogus: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that the Unusual price rise/ fall in the shares of a company cannot be a basis to draw...