Addition of bogus share capital u/s 68 - rotation of money - the ...
Court Rejects Lesser Undisclosed Credit Claim in Bogus Share Capital Case u/s 68, Full Amount Added.
January 28, 2019
Case Laws Income Tax HC
Addition of bogus share capital u/s 68 - rotation of money - the contention of the assessee that there was rotation of money and the much lesser amount of bogus share capital should have been added as undisclosed credit u/s 68 is not acceptable.
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