Addition u/s 68 - assessee is a loss making company and assessee ...

Case Laws     Income Tax

May 15, 2015

Addition u/s 68 - assessee is a loss making company and assessee has not been able to establish as to why an ordinary person of even having little prudence will invest in such a company - assessee cannot be allowed relief simply holding that assessee had discharged its onus by filing certain documents and the A.O. had failed to take further action - AT

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