https://www.taxtmi.com/highlights?id=17099 Deletion made u/s 68 - assessee in the case was incorporated barely few months before the commencement of the assessment year, and there is no material to indicate why its markup of the share premium thousand folds in respect of the shares which were of the face value of Rs. 10 lakhs was justified - HC en-us Tue, 04 Feb 2014 10:59:38 +0530 Tue, 04 Feb 2014 10:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=17099 Deletion made u/s 68 - assessee in the case was incorporated barely few months before the commencement of the assessment year, and there is no material to indicate why its markup of the share premium thousand folds in respect of the shares which were of the face value of Rs. 10 lakhs was justified - HC Highlights Income Tax Tue, 04 Feb 2014 10:59:38 +0530 https://www.taxtmi.com/highlights?id=17099