https://www.taxtmi.com/highlights?id=48760 Addition u/s 68 - share application money - when the identity, creditworthiness and genuineness of the transaction was placed before the AO with documentary evidence, the onus shifted to AO to disprove the materials placed before him, without doing so, the addition made by the AO based on conjectures and surmises cannot be justified en-us Tue, 20 Aug 2019 08:02:47 +0530 Tue, 20 Aug 2019 08:03:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48760 Addition u/s 68 - share application money - when the identity, creditworthiness and genuineness of the transaction was placed before the AO with documentary evidence, the onus shifted to AO to disprove the materials placed before him, without doing so, the addition made by the AO based on conjectures and surmises cannot be justified Highlights Income Tax Tue, 20 Aug 2019 08:02:47 +0530 https://www.taxtmi.com/highlights?id=48760