Unexplained cash credit u/s.68 - For a scrip to trade at nearly ...

Case Laws Income Tax

April 8, 2015

Unexplained cash credit u/s.68 - For a scrip to trade at nearly 50 times its’ face value, only a few months after its issue, only implies, if not price manipulation, trail blazing performance and/or great business prospects is conspicuous by its absence, i.e., even years after the transaction/s - The company is, by all counts, a paper company - AT

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Unexplained cash credit u/s.68 - For a scrip to trade at nearly ...

Case Laws Income Tax

April 8, 2015

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