https://www.taxtmi.com/highlights?id=54518 Addition u/s 68 - Unexplained share capital receipt - Mere paperwork by the assessee does not take the authorities anywhere, when the learned AO suspected the real existence of the entities that applied and paid for share application and share premium and insisted that a higher degree of proof is required in that respect. - Order of the CIT(A) deleting the additions, set aside - AT en-us Fri, 28 Aug 2020 18:53:40 +0530 Fri, 28 Aug 2020 18:53:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54518 Addition u/s 68 - Unexplained share capital receipt - Mere paperwork by the assessee does not take the authorities anywhere, when the learned AO suspected the real existence of the entities that applied and paid for share application and share premium and insisted that a higher degree of proof is required in that respect. - Order of the CIT(A) deleting the additions, set aside - AT Highlights Income Tax Fri, 28 Aug 2020 18:53:40 +0530 https://www.taxtmi.com/highlights?id=54518