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    <description>The Supreme Court dismissed the Special Leave Petition regarding the treatment of share money as undisclosed income under Section 68 of the Income Tax Act, 1961. The Court allowed the Department to re-open assessments of alleged bogus shareholders from whom share application money was received.</description>
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      <description>The Supreme Court dismissed the Special Leave Petition regarding the treatment of share money as undisclosed income under Section 68 of the Income Tax Act, 1961. The Court allowed the Department to re-open assessments of alleged bogus shareholders from whom share application money was received.</description>
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