Challenge to Section 68 Addition: Allegations on Share Capital and Creditworthiness Lack Support Without Director's Presence.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition u/s 68 - share capital and share premium - allegation regarding identity and creditworthiness - non appearance of director - addition cannot be sustained merely based on inferences drawn by circumstance.....


TaxTMI