Addition u/s 68 - genuineness of share transactions - For the ...

Section 68: Payment Delay Alone Doesn't Prove Share Transactions Are Non-Genuine Without Substantial Contradictory Evidence.

January 22, 2018

Case Laws Income Tax AT

Addition u/s 68 - genuineness of share transactions - For the only reason that the payment of purchase has been made after a lapse of 9 months cannot render the purchase as non genuine unless and otherwise any material is brought on record which could negate this fact. - AT

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Addition u/s 68 - genuineness of share transactions - For the ...

Section 68: Payment Delay Alone Doesn't Prove Share Transactions Are Non-Genuine Without Substantial Contradictory Evidence.

January 22, 2018

Case Laws Income Tax AT

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