https://www.taxtmi.com/highlights?id=56474 Addition u/s 68 - cash credit in the books of accounts - issue of shares warrant - As assessee has submitted the complete details before the assessing officer and therefore the initial onus cast on the assessee has been discharged. Further, the learned assessing officer has also not made any enquiry with respect to the above depositors. The inquiries made in the subsequent years clearly show that assessing officer is satisfied with respect to the creditworthiness and the genuineness of the transaction - AT en-us Thu, 28 Jan 2021 10:53:38 +0530 Thu, 28 Jan 2021 10:53:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56474 Addition u/s 68 - cash credit in the books of accounts - issue of shares warrant - As assessee has submitted the complete details before the assessing officer and therefore the initial onus cast on the assessee has been discharged. Further, the learned assessing officer has also not made any enquiry with respect to the above depositors. The inquiries made in the subsequent years clearly show that assessing officer is satisfied with respect to the creditworthiness and the genuineness of the transaction - AT Highlights Income Tax Thu, 28 Jan 2021 10:53:38 +0530 https://www.taxtmi.com/highlights?id=56474