THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. ROHIT KARAN JAIN

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI

iv) That such schemes are prevalent for converting black money into white is common knowledge, independently confirmed by SEBI. v) That a large number, brokers/sub-brokers and individuals availed of the benefits of the scheme and took entries of LTCG ores. vi) Many such individuals have voluntarily without any enquiry by any authority have voluntarily withdrawn their claim and filed Page