https://www.taxtmi.com/caselaws?id=460740 The Tribunal's deletion of the section 68 addition for share capital and premium was upheld because the assessee discharged the primary onus by showing that the share subscribers were regularly assessed to tax, had filed returns, maintained audited books, responded to section 133(6) notices, and routed the transactions through banking channels. On those facts, the court found no substantial question of law arising from the Tribunal's appreciation of evidence. The appeal was dismissed. en-us Fri, 03 May 2024 00:00:00 +0530 Thu, 13 Feb 2025 19:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460740 The Tribunal's deletion of the section 68 addition for share capital and premium was upheld because the assessee discharged the primary onus by showing that the share subscribers were regularly assessed to tax, had filed returns, maintained audited books, responded to section 133(6) notices, and routed the transactions through banking channels. On those facts, the court found no substantial question of law arising from the Tribunal's appreciation of evidence. The appeal was dismissed. Case-Laws Income Tax Fri, 03 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460740