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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Addition u/s. 68 - both the nature & source of the share ...

Case Laws     Income Tax

October 30, 2019

Addition u/s. 68 - both the nature & source of the share application received was fully explained by the assessee. The assessee had discharged its onus to prove the identity, creditworthiness and genuineness of the share applicants - No additions

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