2015 (12) TMI 1708 - SCH - Income Tax

Addition u/s 68 on bogus share capital - any incriminating material whatsoever found during the search to justify initiation of proceedings under Section 153A? - HC order 2015 (9) TMI 115 - DELHI HIGH COURT saying there is a factual finding that no incriminating evidence related to share capital issued was found during the course of search as is manifest from the order of the AO. No justification in invoking Section 68 for the purposes of making additions on account of share capital - Held that - The special leave petition is dismissed. Decided against revenue.