Addition of share premium - AO has treated the amount received ...

Share Premium Classified as Unexplained Cash Credit Overturned; CIT(A) Accepts Evidence, Deletion Upheld.

December 29, 2023

Case Laws Income Tax AT

Addition of share premium - AO has treated the amount received by the assessee from its holding company as unexplained cash credit u/s 68 on the ground that source of funds has not been explained - CIT(A) deleted addition admitting of additional evidence - Order of CIT(A) sustained - AT

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Addition of share premium - AO has treated the amount received ...

Share Premium Classified as Unexplained Cash Credit Overturned; CIT(A) Accepts Evidence, Deletion Upheld.

December 29, 2023

Case Laws Income Tax AT

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