Addition u/s 68 - creditworthiness of the creditor - share ...
Section 68: Non-resident Share Applicant's Funds Exempt from Indian Income Tax.
January 1, 2019
Case Laws Income Tax AT
Addition u/s 68 - creditworthiness of the creditor - share applicant was residing abroad during relevant time - the money brought into India by non-residents for investment or other purposes is not liable to Indian Income Tax.
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