https://www.taxtmi.com/caselaws?id=366681 The Tribunal held that the addition of Rs. 3,75,00,000 towards share application money was not justified in the absence of incriminating material found during the search. The Tribunal ruled in favor of the assessee, directing the deletion of the addition and allowing the appeal. The AO's decision was overturned, and the Tribunal ordered the removal of the added amount from the assessment. en-us Wed, 05 Sep 2018 00:00:00 +0530 Fri, 07 Sep 2018 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366681 The Tribunal held that the addition of Rs. 3,75,00,000 towards share application money was not justified in the absence of incriminating material found during the search. The Tribunal ruled in favor of the assessee, directing the deletion of the addition and allowing the appeal. The AO's decision was overturned, and the Tribunal ordered the removal of the added amount from the assessment. Case-Laws Income Tax Wed, 05 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366681