Reopening of assessment - addition in respect of receipt of ...

Court Reopens Assessment: Share Capital Money Deemed Accommodation Entry; Assessee Must Prove Compliance with Section 68 Requirements.

June 26, 2020

Case Laws Income Tax AT

Reopening of assessment - addition in respect of receipt of share capital money as accommodation entry, the doubts of the A.O. have not been cleared by the assessee at any stage. The burden is upon assessee to prove the ingredients of Section 68

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Reopening of assessment - addition in respect of receipt of ...

Court Reopens Assessment: Share Capital Money Deemed Accommodation Entry; Assessee Must Prove Compliance with Section 68 Requirements.

June 26, 2020

Case Laws Income Tax AT

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