Additions u/s 68 - discharging the onus in establishing the ...
Court Rules Against Assessee; Section 68 Additions Sent Back to ITAT for Re-evaluation on Shareholder Credibility.
December 13, 2013
Case Laws Income Tax HC
Additions u/s 68 - discharging the onus in establishing the identity of the shareholders, their creditworthiness and genuineness of the transactions - While deciding the question of law against the assessee, matter remanded back to ITAT for fresh decision. - HC
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