Addition u/s 56(1) - unaccounted money of the assessee company ...

Supreme Court overturns High Court's dismissal of appeal on unaccounted funds as share application money u/s 56(1).

March 14, 2022

Case Laws Income Tax SC

Addition u/s 56(1) - unaccounted money of the assessee company which have been introduced in the garb of share application money - The High Court was not right and justified in disposing of the appeal with one paragraph order without discussing the issues which arose for consideration - SC

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Addition u/s 56(1) - unaccounted money of the assessee company ...

Supreme Court overturns High Court's dismissal of appeal on unaccounted funds as share application money u/s 56(1).

March 14, 2022

Case Laws Income Tax SC

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