Conclusion: Reassessment proceedings on the ground that assessee was one of the beneficiary of Client Code Modification (CCM) by some broker was quashed as there was no material to infer that such ...

Tribunal held that allegations relating to client code modification did not justify adding the entire purchase value under Section 68 in the facts of the case. Following its earlier decision, it ...

The Income Tax Department has sent letters to stock exchanges, asking them to look more closely into cases of client code modifications to help spot tax evasion tactics. Sources told Moneycontrol that ...