https://www.taxtmi.com/highlights?id=46413 Addition u/s 68 - credit of undisclosed income - it was declared before settlement commission that company has earned the undisclosed income and routed in books through its companies as unaccounted share capital - sources of income is taxed in the hands of Surya Food and Agro Ltd - Therefore prima facie the case of the assessee shows that there is double taxation, once the source of income and secondly the application of income - addition deleted en-us Fri, 10 May 2019 07:59:28 +0530 Fri, 10 May 2019 07:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46413 Addition u/s 68 - credit of undisclosed income - it was declared before settlement commission that company has earned the undisclosed income and routed in books through its companies as unaccounted share capital - sources of income is taxed in the hands of Surya Food and Agro Ltd - Therefore prima facie the case of the assessee shows that there is double taxation, once the source of income and secondly the application of income - addition deleted Highlights Income Tax Fri, 10 May 2019 07:59:28 +0530 https://www.taxtmi.com/highlights?id=46413