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Mere Payment By Account Payee Cheque Is Not Sacrosanct : ITAT Disallows Exemption On Penny Stock
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that mere payment by account payee check is not sacrosanct, nor can it make a non-genuine transaction genuine.The bench of Astha.
Sangeeta devi jhunjhunwala
Delhi bench
Income tax appellate tribunal
Aastha chandra
Judicial member
Accountant member
Income tax act
Sangeeta devi jhunjhunwala versus
Penny stock
Payee cheque
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