Challenge to Section 68 Addition: Allegations on Share Capital and Creditworthiness Lack Support Without Director's Presence. https://www.taxtmi.com/highlights?id=44980 Addition u/s 68 - share capital and share premium - allegation regarding identity and creditworthiness - non appearance of director - addition cannot be sustained merely based on inferences drawn by circumstance. en-us Fri, 08 Mar 2019 08:06:06 +0530 Fri, 08 Mar 2019 07:46:41 +0530 TaxTMI RSS Generator Challenge to Section 68 Addition: Allegations on Share Capital and Creditworthiness Lack Support Without Director's Presence. https://www.taxtmi.com/highlights?id=44980 Addition u/s 68 - share capital and share premium - allegation regarding identity and creditworthiness - non appearance of director - addition cannot be sustained merely based on inferences drawn by circumstance. Highlights Income Tax Fri, 08 Mar 2019 08:06:06 +0530 https://www.taxtmi.com/highlights?id=44980