https://www.taxtmi.com/highlights?id=33915 Addition u/s 68 - When the depositors are regular tax payers and the advances made by such depositors as also share application monies paid by such shareholders are duly accepted in their personal assessments, there cannot be any occasion to hold that these amounts are unexplained in the hands of the company. - AT en-us Thu, 23 Mar 2017 11:02:18 +0530 Thu, 23 Mar 2017 11:02:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33915 Addition u/s 68 - When the depositors are regular tax payers and the advances made by such depositors as also share application monies paid by such shareholders are duly accepted in their personal assessments, there cannot be any occasion to hold that these amounts are unexplained in the hands of the company. - AT Highlights Income Tax Thu, 23 Mar 2017 11:02:18 +0530 https://www.taxtmi.com/highlights?id=33915