Invoking Section 68 involves three ingredients, namely, the ...
Proving Identity, Creditworthiness, and Genuineness Essential to Invoke Section 68 for Share Transactions.
November 20, 2012
Case Laws Income Tax HC
Invoking Section 68 involves three ingredients, namely, the proof regarding identity of the share applicants, their creditworthiness to purchase the shares and the genuineness of the transaction as a whole. - HC
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