https://www.taxtmi.com/caselaws?id=374179 The High Court upheld the addition of Rs. 5.27 crores as bogus share capital under Section 68 of the Income Tax Act, rejecting the appellant-assessee's challenge to the Tribunal's findings. The Court also allowed the appellant to file an appeal concerning the addition of Rs. 62 lacs as undisclosed cash credit for specific assessment years. The appeal was dismissed without costs. en-us Wed, 16 Jan 2019 00:00:00 +0530 Sat, 26 Jan 2019 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374179 The High Court upheld the addition of Rs. 5.27 crores as bogus share capital under Section 68 of the Income Tax Act, rejecting the appellant-assessee's challenge to the Tribunal's findings. The Court also allowed the appellant to file an appeal concerning the addition of Rs. 62 lacs as undisclosed cash credit for specific assessment years. The appeal was dismissed without costs. Case-Laws Income Tax Wed, 16 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374179