https://www.taxtmi.com/highlights?id=46541 Addition of unexplained share application money u/s 68 - Apart from furnishing the financial statement, bank statements and ITRs assessee could not produce any of the Principal Officer of the investor company - Genuineness of the transactions and also the creditworthiness of both the share applicants has not proved as they have no regular means to invest - addition justified en-us Thu, 16 May 2019 08:03:35 +0530 Thu, 16 May 2019 08:03:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46541 Addition of unexplained share application money u/s 68 - Apart from furnishing the financial statement, bank statements and ITRs assessee could not produce any of the Principal Officer of the investor company - Genuineness of the transactions and also the creditworthiness of both the share applicants has not proved as they have no regular means to invest - addition justified Highlights Income Tax Thu, 16 May 2019 08:03:35 +0530 https://www.taxtmi.com/highlights?id=46541