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Ask your queries or reply to others' queries => Discussion => Topic started by: CA.BHUPENDRASHAH on June 24, 2011, 01:13:59 PM

Title: Penny Stocks vs 54F
Post by: CA.BHUPENDRASHAH on June 24, 2011, 01:13:59 PM

IT : Where assessee could not prove genuineness of transaction of sale of
shares, income from which was claimed to be exempted under section 54F, amount
of sale consideration was to be added to assessee's income as his income from
undisclosed sources

2011] 11 taxmann.com 382 (PUNJ. & HAR.)
Can someone give full text ??