https://www.taxtmi.com/caselaws?id=371754 The Tribunal held that the addition of Rs. 75,00,000 as unexplained share capital and share premium under Section 68 was not justified as no incriminating material was found during the search. The Tribunal emphasized the importance of following higher judicial authorities' decisions and allowed the assessee's cross objections while dismissing the Revenue's appeals. en-us Wed, 05 Dec 2018 00:00:00 +0530 Mon, 10 Dec 2018 09:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371754 The Tribunal held that the addition of Rs. 75,00,000 as unexplained share capital and share premium under Section 68 was not justified as no incriminating material was found during the search. The Tribunal emphasized the importance of following higher judicial authorities' decisions and allowed the assessee's cross objections while dismissing the Revenue's appeals. Case-Laws Income Tax Wed, 05 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371754