https://www.taxtmi.com/highlights?id=71614 Addition u/s 68 - share application money - not only the assessee company had failed to substantiate to the hilt the nature and source of the amount credited in its books of account based on any clinching documentary evidence, but also, there is no whisper in the orders of the lower authorities about any explanation of the respective investor companies about the nature and source of such sum so credited against their names in the books of account of the assessee company - Additions sustained - AT en-us Wed, 23 Aug 2023 17:12:44 +0530 Wed, 23 Aug 2023 17:12:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71614 Addition u/s 68 - share application money - not only the assessee company had failed to substantiate to the hilt the nature and source of the amount credited in its books of account based on any clinching documentary evidence, but also, there is no whisper in the orders of the lower authorities about any explanation of the respective investor companies about the nature and source of such sum so credited against their names in the books of account of the assessee company - Additions sustained - AT Highlights Income Tax Wed, 23 Aug 2023 17:12:44 +0530 https://www.taxtmi.com/highlights?id=71614