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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

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

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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