Section 68 Challenge: Creditworthiness Previously Accepted for Flagship Company, Lower Authorities' Findings Deemed Unfounded.

Section 68 Challenge: Creditworthiness Previously Accepted for Flagship Company, Lower Authorities' Findings Deemed Unfounded. https://www.taxtmi.com/highlights?id=54655 Addition u/s 68 - allegation that assessee failed to prove the credit worthiness - since the credit worthiness of this company has been accepted in the case of flagship company of the appellant, we do not find any merit in this finding of the lower authorities. - AT en-us Mon, 07 Sep 2020 10:10:20 +0530 Mon, 07 Sep 2020 10:10:20 +0530 TaxTMI RSS Generator Section 68 Challenge: Creditworthiness Previously Accepted for Flagship Company, Lower Authorities' Findings Deemed Unfounded. https://www.taxtmi.com/highlights?id=54655 Addition u/s 68 - allegation that assessee failed to prove the credit worthiness - since the credit worthiness of this company has been accepted in the case of flagship company of the appellant, we do not find any merit in this finding of the lower authorities. - AT Highlights Income Tax Mon, 07 Sep 2020 10:10:20 +0530 https://www.taxtmi.com/highlights?id=54655