https://www.taxtmi.com/highlights?id=69699 Addition u/s 68 - Unexplained share transactions - Consideration received other than cash - There are no details on facts as to what was the investment which was made by the assessee against which it has issued its share capital along with share premium - We do not disagree with the contention that provisions of Sec. 68 cannot be applied if no cash/money has been received by the assessee for issue /allotment of shares. - CIT(A) wrongly deleting the additions - AT en-us Wed, 10 May 2023 15:23:40 +0530 Wed, 10 May 2023 15:23:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69699 Addition u/s 68 - Unexplained share transactions - Consideration received other than cash - There are no details on facts as to what was the investment which was made by the assessee against which it has issued its share capital along with share premium - We do not disagree with the contention that provisions of Sec. 68 cannot be applied if no cash/money has been received by the assessee for issue /allotment of shares. - CIT(A) wrongly deleting the additions - AT Highlights Income Tax Wed, 10 May 2023 15:23:40 +0530 https://www.taxtmi.com/highlights?id=69699