Additions towards unexplained investment in share capital u/s 68 ...
Section 68: Authorities Can Probe Investors' Unexplained Share Capital; Assessee Need Not Prove Fund Origin.
April 29, 2017
Case Laws Income Tax AT
Additions towards unexplained investment in share capital u/s 68 - The revenue is free to go behind the investors and reopen their cases as they have voluntarily and willingly confirmed the investment - assessee need not have to prove the source of the source - AT
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