No sec. 263 revision to treat LTCG as bogus if all relevant doc. were filed by assessee to justify her claim

INCOME TAX : Where Principal Commissioner invoked revision under section 263 on ground that an information was received from DIT (Investigation) that long term capital gain (LTCG) earned by assessee on sale of shares was bogus and accordingly, disallowed claim of assessee for exemption under section 10(38) in respect of such LTCG, since assessee had filed all relevant documents in relation to LTCG which reflected occurrence of transaction of sale of shares in normal course on platform of stock e

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