Capital Gains from Penny Stocks – How to Detect (bogus) LTCG and Case Law on Assessment and Re-Assessment and Appeal


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This presentation is in two parts. The first part is related to cracking the code of bogus LTCG from shares; as many unscrupulous persons have resorted to such tactics to surpass the provisions of levy of income tax. The second part is based on case law highlighting the points to defend LTCG in genuine cases in assessments, re-assessments and appeals by citing suitable court cases.


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