Assessee Proves Share Applicants' Identity and Creditworthiness; No Income Additions u/s 68 Made by Assessing Officer.

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....Unexplained share application and Share Premium - Addition u/s 68 - The assessee had discharged its onus to prove the identity, creditworthiness and genuineness of the share applicants. The PAN details, bank account statements, audited financial statements and Income Tax acknowledgments were placed on AO's record. - No additions - AT....