3 results for “bogus purchases”+ Section 55Aclear
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In the result: 50. To summarize the final outcome:
Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha["ी संजय गग", "ाियक सद" एवं "ी नरे" साद िस!ा, लेखा सद" के सम#।]
purchased at the cost of Rs. 9,41,250/- on 02.01.2015 and subsequently sold on 20.06.2017 for Rs. 14,41,250/-. It was submitted that these transactions have been carried out at recognized stock exchange and after payment of security transaction tax (STT). The Ld. AR invited the attention on the copy of Share Certificate, D-Mat statements, contract notes