No denial of exemption in absence of proof that assessee introduced unaccounted money to earn LTCG;

IT : Assessing Officer received information from DGIT (Inv.), Kolkata that some companies were engaged in business of issuing penny stocks for which there were large number of beneficiaries claiming bogus long term capital gain - Assessing Officer, based on said information,

from www.taxmann.com Latest Case Laws https://ift.tt/2RCz88R