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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Share application money - additions u/s 68 - Other than the ...

Case Laws     Income Tax

November 28, 2013

Share application money - additions u/s 68 - Other than the share application forms, no other agreement between the respondent and third companies had been placed on record - additions confirmed - HC

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  11. Addition u/s 68 - unexplained amounts received towards Share Capital money - entry operators - HC

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  13. Addition u/s 69C OR 68 - Addition of share application money - Wrong mention of section - opening balance was carried forward - it is outside the ambit of section 68 - No addition.

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