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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Addition of amount shown as “Share Premium” as ‘Income from ...

Income Tax

March 17, 2018

Addition of amount shown as “Share Premium” as ‘Income from other sources' - genuineness of the said transaction of purchase of 5 lakh shares of the assessee company @ ₹ 1,000 per share i.e. at a premium of ₹ 990 per share by M/s. Walden Properties Pvt. Ltd. in the year under consideration has not been established - additions confirmed - AT

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