TMI BlogAddition u/s. 68 - unexplained share capital and premium - the assessee company concealed its own...Addition u/s. 68 - unexplained share capital and premium - the assessee company concealed its own identity, address as well as the identity and address of its directors. The motive being that in case the assessee company is burdened with the additions/taxes, it may avoid the payment of the same by concealing its identity and identity of its directors. The assessee/appellant has not come to the court with clean hands. The appellant in this case wants to abuse the process of law.- AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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