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2023 (2) TMI 633 - AT - Income TaxAddition u/s 68 - assessee has received share capital and share premium fund - assessee has obtained accommodation entries from S.K. Jain group of companies - HELD THAT:- Assessee has received bogus share capital and share premium from S.K. Jain group of cases. Assessee has not submitted any cogent material to dislodge the findings of the AO and ld. CIT (A). CIT (A) has passed a very elaborate order considering all facets of the case. In our considered opinion, there is no infirmity in the same, hence we uphold the same. Appeal filed by the assessee stands dismissed.
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