https://www.taxtmi.com/caselaws?id=218296 The Tribunal allowed the Revenue's appeal, directing the Assessing Officer to conduct a thorough enquiry to determine the genuineness of the share application money and the existence of the investor companies. The AO must gather all relevant information and reassess the case, ensuring the assessee is given a fair opportunity to present their case. en-us Fri, 08 Jun 2012 00:00:00 +0530 Wed, 07 Nov 2012 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218296 The Tribunal allowed the Revenue's appeal, directing the Assessing Officer to conduct a thorough enquiry to determine the genuineness of the share application money and the existence of the investor companies. The AO must gather all relevant information and reassess the case, ensuring the assessee is given a fair opportunity to present their case. Case-Laws Income Tax Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218296