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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Share application money received - No evidence has been brought ...


Assessing Officer Lacks Evidence on Share Application Money Source; No Income Addition Made.

December 30, 2013

Case Laws     Income Tax     AT

Share application money received - No evidence has been brought on record by the Assessing Officer to prove that the share application money emanated from the coffers of the assessee - No addition - AT

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