ITAT Quashes Reassessment as AO Changed Reason from Fake Loan Entries to Penny Stock LTCG


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Uploaded on May 26, 2026

Pinkal Rajeshbhai Patel Vs ITO (ITAT Ahmedabad) In this case, the assessee challenged the validity of reassessment proceedings initiated under Section 147 of the Income-tax Act for Assessment Year 2015-16

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