https://www.taxtmi.com/caselaws?id=418398 The High Court dismissed the appeal, ruling that no substantial question of law arose for consideration. The court found the explanation provided by the assessee regarding share capital and premium satisfactory. Additionally, the verification of the credentials of the share-holders was deemed adequate, leading to the dismissal of the appeal. en-us Wed, 09 Feb 2022 00:00:00 +0530 Wed, 16 Feb 2022 08:13:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418398 The High Court dismissed the appeal, ruling that no substantial question of law arose for consideration. The court found the explanation provided by the assessee regarding share capital and premium satisfactory. Additionally, the verification of the credentials of the share-holders was deemed adequate, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 09 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418398