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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Additions u/s 68 - As assessee’s director has confessed that ...

Case Laws     Income Tax

November 3, 2018

Additions u/s 68 - As assessee’s director has confessed that assessee company is providing accommodation entries, then, CIT(A) even did not care to verify that who are the beneficiaries and what is the amount of commission received by assessee from the beneficiaries from providing accommodation entries - Additions confirmed.

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  10. Addition u/s 68 - addition on account of share capital - the investor companies have withdrawn money from companies where funds were invested earlier and they invested...

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