Addition u/s 68 - ITAT is correct in holding that old loans ...

High Court affirms ITAT ruling: Converting old loans to share application money isn't new credit u/s 68.

June 22, 2016

Case Laws Income Tax HC

Addition u/s 68 - ITAT is correct in holding that old loans being converted into share application money and since there was no fresh infusion of credit, section 68 of the Income Tax Act, 1961 is not applicable - HC

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Addition u/s 68 - ITAT is correct in holding that old loans ...

High Court affirms ITAT ruling: Converting old loans to share application money isn't new credit u/s 68.

June 22, 2016

Case Laws Income Tax HC

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