2010 (4) TMI 1067

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..... lf of the counsel for the appellant, the delay in re- filing the appeal is condoned. This appeal by the revenue is directed against the order of the Income-tax Appellate Tribunal dated 15.12.2008 in relation to the assessment year 2004-05 arising out of ITA No.3511/Del/2007. The point in issue is with regard to investments of about ₹ 49 lakhs made by four companies in the assessee company .....

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..... by the revenue, confirmed the order passed by the Commissioner of Income-tax (Appeals) and found that the said share application money was substantiated by the assessee by providing all the necessary details as indicated above. The two authorities below, on findings of fact, held that the assessee was not liable to any addition on account of the said share application money. We see no reason to i .....

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