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of <h1>Supreme Court India Dismisses SLP with Condonation of Delay</h1> <h3>PR. COMMISSIONER OF INCOME TAX 1 Versus M/s INTERARCH ESTATE (P) LTD.</h3> The SC of India dismissed the SLP with condonation of delay and disposed of the pending application. - PR. COMMISSIONER OF INCOME TAX 1 Versus M/s ... Additions u/s 68 - unexplained share application money - ITAT deleted the additions - revenue contended that the share applications alongwith premium were merely accommodation entries and the identity, genuineness and creditworthiness of the applicants was not proved. - Additions u/s 69B - commission payment made for obtaining accommodation entry - Held that:- SLP dismissed. The Supreme Court of India dismissed the Special Leave Petition with condonation of delay. The pending application was disposed of.
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