Addition u/s 68 - share application money - To tide over its ...

Section 68: No Additions Made After Officer Fails to Inquire on Disclosed Share Applicants Amid Financial Struggles.

March 15, 2018

Case Laws Income Tax HC

Addition u/s 68 - share application money - To tide over its financial sickness, apparently, it sought the help of the share applicants. The identity of those share applicants was clearly revealed - O did not conduct any further enquiry except resting his conclusions on surmises - No additions - HC

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Addition u/s 68 - share application money - To tide over its ...

Section 68: No Additions Made After Officer Fails to Inquire on Disclosed Share Applicants Amid Financial Struggles.

March 15, 2018

Case Laws Income Tax HC

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