https://www.taxtmi.com/caselaws?id=193515 The High Court upheld the Tribunal's decision on the treatment of share application money under section 2(22)(e) of the Income-tax Act, 1961, emphasizing the absence of mala fide intentions and citing precedents. The court did not address the issue of exemption under section 54F for investments in multiple residential properties, admitting the appeal solely on that specific question for further proceedings. en-us Wed, 08 Jun 2016 00:00:00 +0530 Thu, 03 Aug 2017 07:15:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193515 The High Court upheld the Tribunal's decision on the treatment of share application money under section 2(22)(e) of the Income-tax Act, 1961, emphasizing the absence of mala fide intentions and citing precedents. The court did not address the issue of exemption under section 54F for investments in multiple residential properties, admitting the appeal solely on that specific question for further proceedings. Case-Laws Income Tax Wed, 08 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193515