Additions u/s 68 - assessee has discharged the onus cast on it ...

Case Laws Income Tax

July 30, 2019

Additions u/s 68 - assessee has discharged the onus cast on it by proving all the three ingredients of section 68, namely, the identity and credit worthiness of the persons and the genuineness of the transaction. Further, it is not a case of issue of any bogus share capital with high premium. - No additions.

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Additions u/s 68 - assessee has discharged the onus cast on it ...

Case Laws Income Tax

July 30, 2019

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