Unexplained cash credit u/s 68 - share application money - AO is ...
Case Laws Income Tax
March 1, 2018
Unexplained cash credit u/s 68 - share application money - AO is directed to make further enquiries by issuing necessary summons to the shell companies - The assessing officer should also make reference to the action taken by the Finance Ministry in this regard, as to whether names of these companies appear in the list of such struck off companies. - AT
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