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Revision u/s 263 by CIT - genuineness of Share Capital Investment - the Assessing Officer accepted the...

Revision u/s 263 by CIT - genuineness of Share Capital Investment - the Assessing Officer accepted the genuineness of the share application money and unsecured loans received by the assessee. Such a view of the Assessing Officer was a plausible view and the same cannot be considered as erroneous or prejudicial to the interest of revenue. - AT .....

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