https://www.taxtmi.com/caselaws?id=178453 The SC dismissed the special leave petition on whether share money can be undisclosed income under Sec. 68 of the Income Tax Act, 1961. The Court held that the Department can re-open assessments of alleged bogus shareholders. en-us Mon, 10 Mar 2008 00:00:00 +0530 Fri, 05 Feb 2016 11:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178453 The SC dismissed the special leave petition on whether share money can be undisclosed income under Sec. 68 of the Income Tax Act, 1961. The Court held that the Department can re-open assessments of alleged bogus shareholders. Case-Laws Income Tax Mon, 10 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178453