Share Premium Classified as Unexplained Cash Credit Overturned; CIT(A) Accepts Evidence, Deletion Upheld.
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....Addition of share premium - AO has treated the amount received by the assessee from its holding company as unexplained cash credit u/s 68 on the ground that source of funds has not been explained - CIT(A) deleted addition admitting of additional evidence - Order of CIT(A) sustained - AT....


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