Addition u/s 68 - Subscription of share capital - The FAA has ...
Case Laws Income Tax
May 2, 2016
Addition u/s 68 - Subscription of share capital - The FAA has mentioned that the incidence of price rigging took place in the month of December of the succeeding year whereas the subscription was made in earlier year. Thus, it could not be said that assessee had routed its unaccounted money through the subscribers. - AT
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