https://www.taxtmi.com/highlights?id=58222 Reopening of assessment u/s 147 - Addition u/s 68 - Merely saying that assessee has a small capital of ₹ 1 lakh and nobody would invest in such a company of the sum to the magnitude of ₹ 67 crores remains merely conjectures and surmises in view of the overwhelming evidences submitted by the assessee and absence of any inquiry by the revenue. for several years - AT en-us Wed, 02 Jun 2021 17:27:15 +0530 Wed, 02 Jun 2021 17:27:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58222 Reopening of assessment u/s 147 - Addition u/s 68 - Merely saying that assessee has a small capital of ₹ 1 lakh and nobody would invest in such a company of the sum to the magnitude of ₹ 67 crores remains merely conjectures and surmises in view of the overwhelming evidences submitted by the assessee and absence of any inquiry by the revenue. for several years - AT Highlights Income Tax Wed, 02 Jun 2021 17:27:15 +0530 https://www.taxtmi.com/highlights?id=58222