Just a moment...

Report
FeedbackReport
Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Supreme Court overturns High Court's dismissal of appeal on unaccounted funds as share application money u/s 56(1).

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition u/s 56(1) - unaccounted money of the assessee company which have been introduced in the garb of share application money - The High Court was not right and justified in disposing of the appeal with one paragraph order without discussing the issues which arose for consideration - SC....