Posted inBlog
ITAT Mumbai Rules Bank and Demat Verification Crucial in Penny Stock Cases
ITAT Mumbai holds that the penny stock label cannot substitute proper bank and demat verification, admitting fresh evidence under Rule 29.
Posted inBlog
1 April Notice Date Prevails Over 31 March: Rajkot ITAT Quashes ₹1.33 Cr Penny-Stock Addition
Discover how the Rajkot ITAT quashed a 1.33 crore tax addition, ruling that an April 1 notice date invalidates older reassessment procedures.