Income Tax Act Section 68: Unexplained Share Application Money or Premiums Can Be Taxed If Source Is Not Proven. https://www.taxtmi.com/highlights?id=48909 Addition u/s 68 - share application / premium money - Money allegedly received on account of share application can be roped in u/s 68 if the source of the receipt is not satisfactorily established by the assessee. en-us Tue, 27 Aug 2019 07:52:38 +0530 Tue, 27 Aug 2019 07:52:38 +0530 TaxTMI RSS Generator Income Tax Act Section 68: Unexplained Share Application Money or Premiums Can Be Taxed If Source Is Not Proven. https://www.taxtmi.com/highlights?id=48909 Addition u/s 68 - share application / premium money - Money allegedly received on account of share application can be roped in u/s 68 if the source of the receipt is not satisfactorily established by the assessee. Highlights Income Tax Tue, 27 Aug 2019 07:52:38 +0530 https://www.taxtmi.com/highlights?id=48909