Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2012 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (11) TMI 1164 - HC - Income TaxAddition on account of share application money received from the shareholders - assessee has failed to prove genuineness of transactions and creditworthiness of the shareholders - Held that:- The matter is squarely covered by the decision of Hon'ble Supreme Court in the case of Steller Investment Ltd. [2000 (7) TMI 76 - SUPREME Court] That being the position, we are of the considered opinion that the order passed by the Tribunal does not suffer from any legal infirmity.
|