<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Income Tax Act Section 68: Company Fails to Prove Legitimacy of Transactions with Accommodation Entry Providers.</title>
    <link>https://www.taxtmi.com/highlights?id=26241</link>
    <description>Addition u/s 68 - Having regard to the modus operandi of accommodation entry providers, the practice of taking cash and receiving cheques in the guise of subscription and share capital consideration in the form of commission, the assessee company had not discharged its initial onus lying upon it - AT</description>
    <language>en-us</language>
    <pubDate>Fri, 04 Dec 2015 23:13:59 +0530</pubDate>
    <lastBuildDate>Fri, 04 Dec 2015 23:13:59 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=407652" rel="self" type="application/rss+xml"/>
    <item>
      <title>Income Tax Act Section 68: Company Fails to Prove Legitimacy of Transactions with Accommodation Entry Providers.</title>
      <link>https://www.taxtmi.com/highlights?id=26241</link>
      <description>Addition u/s 68 - Having regard to the modus operandi of accommodation entry providers, the practice of taking cash and receiving cheques in the guise of subscription and share capital consideration in the form of commission, the assessee company had not discharged its initial onus lying upon it - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Fri, 04 Dec 2015 23:13:59 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=26241</guid>
    </item>
  </channel>
</rss>