https://www.taxtmi.com/caselaws?id=362821 The Revenue's appeal against the deletion of an addition of Rs. 1,20,00,000 under section 68 of the Income Tax Act regarding bogus share capital was allowed by the Appellate Tribunal. The Tribunal set aside the order of the Commissioner of Income Tax (Appeals) and emphasized the necessity of addressing all issues raised during appellate proceedings, including the validity of reopening assessments, for a comprehensive resolution in tax matters. en-us Mon, 02 Jul 2018 00:00:00 +0530 Tue, 03 Jul 2018 08:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362821 The Revenue's appeal against the deletion of an addition of Rs. 1,20,00,000 under section 68 of the Income Tax Act regarding bogus share capital was allowed by the Appellate Tribunal. The Tribunal set aside the order of the Commissioner of Income Tax (Appeals) and emphasized the necessity of addressing all issues raised during appellate proceedings, including the validity of reopening assessments, for a comprehensive resolution in tax matters. Case-Laws Income Tax Mon, 02 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362821