Home / 
Loss-Making Company Faces Tax Addition u/s 68 for Unjustified Investments Despite Document Submission Efforts.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition u/s 68 - assessee is a loss making company and assessee has not been able to establish as to why an ordinary person of even having little prudence will invest in such a company - assessee cannot be allowed relief simply holding that assessee had discharged its onus by filing certain documents and the A.O. had failed to take further action - AT....