Issue of share capital – camouflage transactions / accommodation ...
High Court Examines Share Capital Transactions: Assessee Fails to Prove Applicant Identity and Transaction Genuineness Under Tax Laws.
December 2, 2013
Case Laws Income Tax HC
Issue of share capital – camouflage transactions / accommodation entries - Assessee has not been able to discharge the initial onus and has not been able to establish the identity, creditworthiness of the share applicants and the genuineness of the transaction - HC
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