Assessee Cleared of Bogus Share Application Accusations; Documentation Proves Allotment of Shares Legitimate, No Extra Tax Levied.

Assessee Cleared of Bogus Share Application Accusations; Documentation Proves Allotment of Shares Legitimate, No Extra Tax Levied. https://www.taxtmi.com/highlights?id=22075 Bogus accommodation entry - share application was received through banking channel - The assessee furnished the copy of share application forms, copy of Form no. 2 filed with Register of Companies (ROC), showing allotment of shares to the applicants - onus discharged - No addition - AT en-us Thu, 12 Mar 2015 07:58:56 +0530 Thu, 12 Mar 2015 07:58:56 +0530 TaxTMI RSS Generator Assessee Cleared of Bogus Share Application Accusations; Documentation Proves Allotment of Shares Legitimate, No Extra Tax Levied. https://www.taxtmi.com/highlights?id=22075 Bogus accommodation entry - share application was received through banking channel - The assessee furnished the copy of share application forms, copy of Form no. 2 filed with Register of Companies (ROC), showing allotment of shares to the applicants - onus discharged - No addition - AT Highlights Income Tax Thu, 12 Mar 2015 07:58:56 +0530 https://www.taxtmi.com/highlights?id=22075