Nitesh Kumar Gadiya Vs ITO (ITAT Surat)
Case ke facts
Assessee ne shares bech kar LTCG dikhaya. Department ne penny stock bol kar Section 68 aur 69C se add kar diya. Assessee ne pura documentary evidence lagaya.
Mudda (Issue)
Kya documentary evidence hone par penny stock sale se LTCG reject kiya ja sakta hai?
Faisla (Held)
ITAT ne bola documents sufficient hain, LTCG genuine hai. Section 68 aur 69C ki addition hata di.
Practical takeaway
Shares bech kar agar LTCG dikhate ho toh sabhi documents ready rakho—purchase, sale, demat evidence. Paper sahi hua toh addition nahi hogi, chahe stock penny ho.
Original report: taxguru.in
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-09-02.