Addition u/s 68 - bogus share capital and share premium - The ...

Case Laws Income Tax

June 4, 2019

Addition u/s 68 - bogus share capital and share premium - The financial statements, Annual Reports as well as bank statements of the all the investors was made available to Ld. AO and nothing on record suggest that any cash was exchanged/transacted between the assessee and the investor entities - Notices issued u/s 133(6) have been responded to - assessee has duly discharged the initial onus - no addition

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Addition u/s 68 - bogus share capital and share premium - The ...

Case Laws Income Tax

June 4, 2019

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