Addition u/s 68 - assessee had discharged its onus to prove the ...

May 7, 2019

Case Laws Income Tax AT

Addition u/s 68 - assessee had discharged its onus to prove the identity, creditworthiness and genuineness of the share applicants, thereafter the onus shifted to AO to disprove the documents - In the absence of any investigation, much less gathering of evidence by the AO - addition cannot be sustained merely based on inferences drawn by circumstance

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Addition u/s 68 - assessee had discharged its onus to prove the ...

May 7, 2019

Case Laws Income Tax AT

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