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CIT(A) Deletes Share Capital Addition, Taxes Share Premium u/s 56(2)(viib); Authority Questioned on Unaddressed Issue.

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....Powers of CIT(A) u/s 251(1)(a) - CIT(A) deleted addition related to share capital but hold that share premium is taxable u/s 56(2)(viib) - AO in the assessment order has neither discussed this issue nor made any addition u/s 56(2)(viib) - Addition beyond power of CIT(A)....

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