Web11. jan 2024 · – section 10 (38) & 68 – penny stock – addition on account of profit arising from sale of shares, alleged as penny stock cannot be made under section 68 – sufficient …
Penny Stock- Delhi ITAT in favour of Assessee - The Tax Talk
Web23. feb 1993 · Section 147 of the Income Tax, 1961, Act [Act] (2) The learned Commissioner of Income Tax (Appeals) ICIT (A)] erred in confirming the addition Rs. 3,20,175/- under Section 69A of the Act.... Consequently, ground no. 1 is dismissed as “not pressed”.5. In grounds no. 2 and 3, assessee has challenged the addition under section 69A of the Act.6. WebPenny Stock refers stocks of public companies that trade at a very low price, typically less than $5 per share and are highly illiquid. Usually, these stocks belong to small and newbie … chocolate fountain chocolate tesco
RECENT IMPORTANT DECISIONS AND ISSUES IN PENNY STOCKS …
Web10. mar 2024 · In some cases, penny stocks may provide a method to gain access to larger marketplace listing. With a lower price, penny stocks allow for significant upside in share … Web10. dec 2024 · The AOs must investigate the exit operators and the syncronised trades, while booking the profit. Huge sum of money required to buy these penny stocks can only … Web13. dec 2024 · Gist of Penny stock judgement in favor of Assessee There are plenty of decision in favor of Assessee on penny stock matter. Few of them are as under: i. Mumbai … chocolate fountain for hire