Addition u/s 68 - In the balance sheet of the assessee company ...

Case Laws Income Tax

December 19, 2018

Addition u/s 68 - In the balance sheet of the assessee company in the schedule to share capital, it is very clearly mentioned by way of note that the fresh share capital was raised during the year for consideration other than cash. Hence we hold that provision of section 68 of the Act are not applicable in the instant case

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Addition u/s 68 - In the balance sheet of the assessee company ...

Case Laws Income Tax

December 19, 2018

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