TMI BlogHigh Court: Section 68 requires more than PAN and tax filings for private companies if facts suggest a cover-up.Addition u/s 68 - Mere production of incorporation details, PAN Nos. or the fact that third persons or company had filed income tax details in case of a private limited company may not be sufficient when surrounding and attending facts predicate a cover up - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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