Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2015 (12) TMI 1708 - SC ORDER
Addition u/s 68 on bogus share capital - any incriminating material whatsoever found during the search to justify initiation of proceedings under Section 153A? - HC order [2015 (9) TMI 115 - DELHI HIGH COURT] saying there is a factual finding that “no incriminating evidence related to share capital issued was found during the course of search as is manifest from the order of the AO.” No justification in invoking Section 68 for the purposes of making additions on account of share capital - Held that:- The special leave petition is dismissed. Decided against revenue.
