Section 68 IT Act: Unexplained Cash Credits for Share Capital and Premium Confirmed as Fictitious, Legitimizing Unaccounted Income.

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....Addition u/s 68 - unexplained cash credits of share capital and security premium received - the assessee has routed its unaccounted income in the books of account in the form of share capital and security premium by arranging bogus share capital and share premium through accommodation entry provider. - Additions confirmed - AT....