https://www.taxtmi.com/highlights?id=34316 Addition in the hands of a company can be made u/s 68 in its first year of incorporation - The mere fact that the assessment year is the year of commencement of business of the assessee cannot insulate it from an inquiry directed towards steps contemplated u/s 68 of the 1961 Act - HC en-us Fri, 14 Apr 2017 08:01:15 +0530 Fri, 14 Apr 2017 08:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34316 Addition in the hands of a company can be made u/s 68 in its first year of incorporation - The mere fact that the assessment year is the year of commencement of business of the assessee cannot insulate it from an inquiry directed towards steps contemplated u/s 68 of the 1961 Act - HC Highlights Income Tax Fri, 14 Apr 2017 08:01:15 +0530 https://www.taxtmi.com/highlights?id=34316