“Human probabilities” and the concept of penny stock may not justify additioni without assessee’s involvement The ITAT Delhi in the case of Rachna Gupta vs. ACIT, Central Circle 29, New Delhi (ITA No. 5418/DEL/2018 & ITA No. 2531/DEL/2022, dated December 20, 2024) dealt with the issue of additions under Section 68 of the Income…
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