Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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Unexplained cash credit u/s.68 - money received in the form of preference share capital through FDI route with the proper approval of FIPB and RBI by filing requisite statutory forms and complying with the requisite conditions - addition not sustainable without rebutting various documentary evidences available on record merely on ground that these are photocopies and Key management stationed overseas not appeared before AO