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Penny Stocks
ITAT nullifies Income Tax Additions in Penny Stock Deal for Quick Gains [Read Order]
January 8, 2024
LTCG from Sale of Equity Share of Penny Stock Companies listed with BSE is not eligible for exemption u/s10(38) of I.T Act :ITAT [Read Order]
October 9, 2023
No Penalty u/s 271(1)(c) of Income Tax Act on Payment Received on Sale of Penny Stock Shares: ITAT [Read Order]
May 18, 2023
Exemption u/s 10(38) cannot be Disallowed when Transaction is Not Declared as Penny Stock: ITAT [Read Order]
April 8, 2023
CBDT Guidelines wrt Listed Scrips of Penny Stock not to be applied for Unlisted Scrips: ITAT
February 25, 2023
AO failed to enquire about bogus Transactions of Earning LTCG from Penny Stock Companies: ITAT upholds Revisional Order [Read Order]
December 31, 2022
Addition of Unexplained Credit based on bogus LTCG on Sale of Penny Stock without Cogent evidence is not valid: Delhi HC [Read Order]
December 1, 2022
Share Transactions with Company declared as Penny Stock: ITAT allows Claim of Business Loss by FPI as No Evidence of Malpractices
September 21, 2022
Share Price increased due to Manipulation and Rigging through Penny Stock Company: ITAT upholds Addition [Read Order]
June 12, 2022
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