https://www.taxtmi.com/caselaws?id=407783 The Delhi High Court ruled in favor of the Revenue, remitting the matter for consideration on merits by the ITAT. The Tribunal quashed the reopening of the assessment as illegal and invalid, leading to the deletion of additions totaling Rs. 98 lakhs for share capital/share application money and Rs. 1,96,000 for commission. The assessee's appeal was allowed. en-us Wed, 19 May 2021 00:00:00 +0530 Fri, 21 May 2021 08:30:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407783 The Delhi High Court ruled in favor of the Revenue, remitting the matter for consideration on merits by the ITAT. The Tribunal quashed the reopening of the assessment as illegal and invalid, leading to the deletion of additions totaling Rs. 98 lakhs for share capital/share application money and Rs. 1,96,000 for commission. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 19 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407783