Addition made u/s 68 - once the identity and other relevant ...

Court Rules: u/s 68, Shareholders Must Explain Fund Sources Once Their Identity is Disclosed by Company.

March 29, 2014

Case Laws Income Tax HC

Addition made u/s 68 - once the identity and other relevant particulars of shareholders are disclosed, it is for those shareholders to explain the source of their funds and not for the assessee company to show wherefrom these shareholders obtained funds - HC

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Addition made u/s 68 - once the identity and other relevant ...

Court Rules: u/s 68, Shareholders Must Explain Fund Sources Once Their Identity is Disclosed by Company.

March 29, 2014

Case Laws Income Tax HC

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