Penny stock addition deleted by ITAT Mumbai as no role has been attributed and/or established qua rigging of the shares Recently, Hon’ble Mumbai ITAT in case of Shri Mahaveer Kanwarlal Ranka in ITA No.224/M/2024 dated 29.11.2024 has deleted the LTCG Addition on penny stock by observing that no role of Assessee has been attributed…
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