Addition u/s. 68 - both the nature & source of the share ...

Assessee Proves Share Application Source and Nature, Meets Section 68 Requirements; No Additions Imposed.

October 30, 2019

Case Laws Income Tax AT

Addition u/s. 68 - both the nature & source of the share application received was fully explained by the assessee. The assessee had discharged its onus to prove the identity, creditworthiness and genuineness of the share applicants - No additions

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Addition u/s. 68 - both the nature & source of the share ...

Assessee Proves Share Application Source and Nature, Meets Section 68 Requirements; No Additions Imposed.

October 30, 2019

Case Laws Income Tax AT

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