Unexplained credits u/s 68 - share application money - merely ...

Section 68: Filing confirmatory letters isn't enough to prove creditor identity for unexplained credits in share applications.

February 6, 2013

Case Laws Income Tax AT

Unexplained credits u/s 68 - share application money - merely filing confirmatory letters to establish the identity of the creditors is not enough and it cannot be said that onus lying on the assessee had been discharged. - AT

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Unexplained credits u/s 68 - share application money - merely ...

Section 68: Filing confirmatory letters isn't enough to prove creditor identity for unexplained credits in share applications.

February 6, 2013

Case Laws Income Tax AT

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