Addition u/s 68 - only obligation of the company receiving the ...

Company Must Prove Shareholders' Existence for Section 68 Compliance; Assessee Successfully Demonstrated Sources of Share Application Money.

February 25, 2016

Case Laws Income Tax AT

Addition u/s 68 - only obligation of the company receiving the share application money is to prove the existence of the shareholders and for which the assessee had discharged the onus of proving their existence and also the source of share application money received - AT

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Addition u/s 68 - only obligation of the company receiving the ...

Company Must Prove Shareholders' Existence for Section 68 Compliance; Assessee Successfully Demonstrated Sources of Share Application Money.

February 25, 2016

Case Laws Income Tax AT

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