https://www.taxtmi.com/highlights?id=39459 Addition u/s.68 - unexplained share application money - The mere fact that “assessee” company chooses to show the receipt of the money as capital does not preclude the ITO from going into the question whether this is actually so. - AT en-us Fri, 18 May 2018 08:37:38 +0530 Fri, 18 May 2018 08:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39459 Addition u/s.68 - unexplained share application money - The mere fact that “assessee” company chooses to show the receipt of the money as capital does not preclude the ITO from going into the question whether this is actually so. - AT Highlights Income Tax Fri, 18 May 2018 08:37:38 +0530 https://www.taxtmi.com/highlights?id=39459