Authorities Demand More Proof for Unexplained Cash Credits; Mere Paperwork Insufficient u/s 68 in Share Transactions.

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....Addition u/s 68 - Unexplained cash credit - Mere paperwork by the assessee does not take the authorities anyway, when the authorities suspected the existence of the entities that applied and paid for share application and share premium and insisted that a higher degree of proof is required in that respect.....