Tuesday, September 17, 2019

Circular on Monetary Limits for Filing Appeals not applicable in case of claiming Bogus LTCG / STCG through Penny Stocks: CBDT [Read Office Memorandum]

The Central Board of Direct Taxes ( CBDT ) has clarified that, circular on monetary limits for filing appeals not applicable in case of claiming bogus Long-Term Capital Gain ( LTCG ) / Short-term Capital Gain ( STCG ) through penny stocks. The CBDT has issued office memorandum with direction to refer Circular no. 23 […]

The post Circular on Monetary Limits for Filing Appeals not applicable in case of claiming Bogus LTCG / STCG through Penny Stocks: CBDT [Read Office Memorandum] appeared first on Taxscan | Simplifying Tax Laws.



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