https://www.taxtmi.com/caselaws?id=181567 The Tribunal upheld the CIT(Appeals) decision to delete the addition of Rs. 30.00 lakh under section 68 of the Income Tax Act for bogus share capital. The Tribunal found that the contributor identity was established, meeting legal requirements, and dismissed the appeal. en-us Fri, 05 Aug 2011 00:00:00 +0530 Wed, 11 Oct 2017 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181567 The Tribunal upheld the CIT(Appeals) decision to delete the addition of Rs. 30.00 lakh under section 68 of the Income Tax Act for bogus share capital. The Tribunal found that the contributor identity was established, meeting legal requirements, and dismissed the appeal. Case-Laws Income Tax Fri, 05 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181567