https://www.taxtmi.com/highlights?id=56383 Addition u/s 68 - It is a simple case of switch over of investments from one company to another and is not the case of fresh loan received during the year. We thus find no substance in the ground that since the assessee has agitated the addition qua the share capital and share premium shown to have been received by it during assessment year 2008-09 by filing an appeal the assessee cannot claim the availability of such fund for making the investments. - No additions - AT en-us Tue, 19 Jan 2021 10:50:45 +0530 Tue, 19 Jan 2021 10:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56383 Addition u/s 68 - It is a simple case of switch over of investments from one company to another and is not the case of fresh loan received during the year. We thus find no substance in the ground that since the assessee has agitated the addition qua the share capital and share premium shown to have been received by it during assessment year 2008-09 by filing an appeal the assessee cannot claim the availability of such fund for making the investments. - No additions - AT Highlights Income Tax Tue, 19 Jan 2021 10:50:45 +0530 https://www.taxtmi.com/highlights?id=56383