Addition u/s 68 - Consistently escaping from appearing/producing ...
Authorities Uphold Addition u/s 68 for Unexplained Share Capital Due to Lack of Documentation and Non-Appearance by Assessee.
December 3, 2022
Case Laws Income Tax AT
Addition u/s 68 - Consistently escaping from appearing/producing the documents and alleged parties before the ld. AO and the appellate authority(ld.CIT-A) indicates that the assessee has no plausible explanation to explain the source of alleged sum of share capital and security premium - Additions confirmed - AT
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