https://www.taxtmi.com/caselaws?id=433633 The Tribunal dismissed the appeal, upholding the addition of Rs. 1.10 Cr as unexplained share application money for AY 2012-13 under Section 68 of the Income Tax Act. The assessee failed to establish the source, identity, and creditworthiness of the share applicant, leading to the decision. Other grounds raised were considered general and not addressed. en-us Thu, 15 Dec 2022 00:00:00 +0530 Mon, 06 Feb 2023 09:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433633 The Tribunal dismissed the appeal, upholding the addition of Rs. 1.10 Cr as unexplained share application money for AY 2012-13 under Section 68 of the Income Tax Act. The assessee failed to establish the source, identity, and creditworthiness of the share applicant, leading to the decision. Other grounds raised were considered general and not addressed. Case-Laws Income Tax Thu, 15 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433633