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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Addition u/s 68 – Share application money - where assessee has ...


Section 68 Addition Unwarranted: No Inquiry or Evidence by Assessing Officer on Share Application Money Details Provided by Assessee.

November 22, 2013

Case Laws     Income Tax     AT

Addition u/s 68 – Share application money - where assessee has submitted the details and AO has not conducted any enquiry or has no material in his possession to prove it bogus, no addition u/s 68 - AT

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