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![Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071816-bogus-ltcg-addition-itat-validates-demerger-allotted-transaction-documentary-evidence.webp "Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]")
Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the long-term capital gains (LTCG) from sale of shares allotted pursuant to a...
![Benefit of set-off of brought Forward Business Losses cannot be allowed on Non-genuine Demerger: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/business-losses-demerger-ITAT-taxscan.jpg "Benefit of set-off of brought Forward Business Losses cannot be allowed on Non-genuine Demerger: ITAT [Read Order]")
