Section 68 Income Tax: Cash Deposits Uncovered, Middleman Involvement Confirmed Through Financial Transfers via RTGS.

Addition u/s 68 - the documents available with the AO could not be ignored as they reveal the modus operandi of the working particularly in the case of the assessee, as to how with the help of a middleman, cash was first deposited into M/s Transnational Growth Fund Pvt. Ltd. and thereafter to the assessee company through RTGS - additions confirmed - AT .....

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