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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Addition u/s 68 - unsecured cash credit - compliance of the ...

Income Tax

April 19, 2019

Addition u/s 68 - unsecured cash credit - compliance of the summon by share applicant company - The companies have shown small amount of income in their hand, which is not sufficient to discharge their creditworthiness - not justified the high amount of the share premium taken - addition sustained

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