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Income Tax - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Addition of share premium - AO has treated the amount received ...

Case Laws     Income Tax

December 29, 2023

Addition of share premium - AO has treated the amount received by the assessee from its holding company as unexplained cash credit u/s 68 on the ground that source of funds has not been explained - CIT(A) deleted addition admitting of additional evidence - Order of CIT(A) sustained - AT

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