Unexplained cash credit u/s 68 - share application and share ...

Section 68 Case: Assessee Proves Identity and Creditworthiness, Leading to Deletion of Unexplained Cash Credit Additions.

February 11, 2020

Case Laws Income Tax AT

Unexplained cash credit u/s 68 - share application and share premium money received from various entities - identification & creditworthiness of the shareholder/ investor company and the genuineness of the share transaction. - assessee has discharged the onus - additions deleted.

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Unexplained cash credit u/s 68 - share application and share ...

Section 68 Case: Assessee Proves Identity and Creditworthiness, Leading to Deletion of Unexplained Cash Credit Additions.

February 11, 2020

Case Laws Income Tax AT

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