Failure to produce documents with respect to LTCG arising out of Purchase and Sale of Shares: ITAT upholds Addition [Read Order]

ITAT upheld the addition made due to the failure to produce the documents with respect to Long TermCapital Gain ( LTCG ) arising out of the purchase and sale of shares
ITAT - ITAT Chennai - LTCG - ITAT upholds Addition - Purchase and Sale of Shares - Tax news - Taxscan

The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) held that the assessee failed to produce the documents with respect to Long Term Capital Gain ( LTCG ) arising out of the purchase and sale of shares hence the bench upheld the addition made by the assessing officer. The Assessee  R. Shobha Lodha, filed return…

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