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Income Tax - Highlights / Catch Notes

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Addition u/s 68 - unexplained cash credits of share capital and ...

Income Tax

October 15, 2022

Addition u/s 68 - unexplained cash credits of share capital and security premium received - the assessee has routed its unaccounted income in the books of account in the form of share capital and security premium by arranging bogus share capital and share premium through accommodation entry provider. - Additions confirmed - AT

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