TMI BlogUnexplained share capital leads to addition u/s 68; identity proven but genuineness and creditworthiness not demonstrated.Unexplained share capital and premium received - addition u/s 68 - As assessee has been able to just prove the identity of the company but unable to prove the genuineness & creditworthiness the parties, additions confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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