https://www.taxtmi.com/caselaws?id=347764 The ITAT upheld the addition of unexplained share application money in the case concerning Assessment Year 2007-08, emphasizing the failure to justify share premium charges and prove transaction genuineness. The decision was based on legal precedents and lack of satisfactory evidence provided by the assessee, leading to the dismissal of the appeal. en-us Wed, 23 Aug 2017 00:00:00 +0530 Mon, 11 Sep 2017 08:35:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347764 The ITAT upheld the addition of unexplained share application money in the case concerning Assessment Year 2007-08, emphasizing the failure to justify share premium charges and prove transaction genuineness. The decision was based on legal precedents and lack of satisfactory evidence provided by the assessee, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 23 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347764