A study of Section 68 of the Income Tax Act, 1961 w.r.t Penny Stocks

Member (Account Deleted) Guest , Last updated: 27 January 2020  
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Advocate Arjun Gupta has discussed the taxability of penny profits in light of the recent changes to Section 68 of the Income Tax Act and the decisions of various courts. He also argued that the law places an unfair burden on taxpayers and is not workable. Introduction Until now, the term

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