https://www.taxtmi.com/highlights?id=22419 Unexplained cash credit u/s.68 - For a scrip to trade at nearly 50 times its’ face value, only a few months after its issue, only implies, if not price manipulation, trail blazing performance and/or great business prospects is conspicuous by its absence, i.e., even years after the transaction/s - The company is, by all counts, a paper company - AT en-us Wed, 08 Apr 2015 07:31:28 +0530 Wed, 08 Apr 2015 07:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22419 Unexplained cash credit u/s.68 - For a scrip to trade at nearly 50 times its’ face value, only a few months after its issue, only implies, if not price manipulation, trail blazing performance and/or great business prospects is conspicuous by its absence, i.e., even years after the transaction/s - The company is, by all counts, a paper company - AT Highlights Income Tax Wed, 08 Apr 2015 07:31:28 +0530 https://www.taxtmi.com/highlights?id=22419