Addition u/s 68 - Addition made towards share premium - ...
Share Premium Addition: Assessing Officer of Applicant Companies Responsible for Creditworthiness, Not Assessee's Officer.
December 11, 2018
Case Laws Income Tax AT
Addition u/s 68 - Addition made towards share premium - creditworthiness of the share applicant companies would have to be examined by the AO of those companies and not by the Assessing Officer of the assessee herein.
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