Section 68 Addition Deleted: Share Application Money Credited in Wrong Assessment Year, Company Had No Net Worth.

Addition u/s 68 - share application money was received from the company which is having no net worth - there is no case for making addition for the A.Y. 2012-13 since, the amount was found credited in the books of accounts of F.Y. 2008-09, relevant to the A.Y. 2009-10. - the addition made by the AO deleted. - AT .....

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