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    <title>2012 (6) TMI 897 - GUJARAT HIGH COURT</title>
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    <description>The High Court dismissed the appeal challenging the deletion of addition under section 68 of the Income Tax Act for share application money. The court upheld the Tribunal&#039;s decision, emphasizing that the assessee had met the necessary requirements by providing creditor details and land holdings, as per legal precedents. The court found no substantial question of law for consideration, affirming the Tribunal&#039;s ruling based on precedents like CIT Vs. Lovely Exports Pvt. Ltd.</description>
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      <description>The High Court dismissed the appeal challenging the deletion of addition under section 68 of the Income Tax Act for share application money. The court upheld the Tribunal&#039;s decision, emphasizing that the assessee had met the necessary requirements by providing creditor details and land holdings, as per legal precedents. The court found no substantial question of law for consideration, affirming the Tribunal&#039;s ruling based on precedents like CIT Vs. Lovely Exports Pvt. Ltd.</description>
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