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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Addition u/s 68 - allegation that bogus share application money ...

Income Tax

March 7, 2020

Addition u/s 68 - allegation that bogus share application money received from various paper companies - Addition made by the AO based on the statement of alleged entry provider which was recorded by the Investigation Wing, Mumbai was not found sustainable when the assessee produced all the documentary evidences to discharge its onus to prove the transaction - AT

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