Addition u/s 68 – Genuineness of transaction in shares - genuine ...

Court Rules Share Transactions Genuine: Revenue Didn't Prove Bogus Claims u/s 68 of Income Tax Act.

December 27, 2014

Case Laws Income Tax HC

Addition u/s 68 – Genuineness of transaction in shares - genuine or sham and bogus – Revenue in failing to discharge the basic onus - inquiry was not carried forward - no additions - HC

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Addition u/s 68 – Genuineness of transaction in shares - genuine ...

Court Rules Share Transactions Genuine: Revenue Didn't Prove Bogus Claims u/s 68 of Income Tax Act.

December 27, 2014

Case Laws Income Tax HC

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