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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Addition u/s 68 - unexplained cash credits - Share premium - the ...

Case Laws     Income Tax

October 27, 2016

Addition u/s 68 - unexplained cash credits - Share premium - the amount of share capital at ₹ 10 was not doubted. Only amount of premium was doubted - genuineness and credit worthiness of those companies is not in dispute - no addition can be made - AT

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