| COURT: | ITAT Delhi |
| CORAM: | B. C. Meena (AM), C. M. Garg (JM) |
| SECTION(S): | 68 |
| GENRE: | Domestic Tax |
| CATCH WORDS: | share application money, unexplained cash credit |
| COUNSEL: | Ved Jain |
| DATE: | October 16, 2014 (Date of pronouncement) |
| DATE: | October 21, 2014 (Date of publication) |
| AY: | 2003-04 |
| FILE: | Click here to view full post with file download link |
| CITATION: | |
| S. 68: Law regarding addition of share application money as unexplained credit explained | |
The only issue here is the addition of Rs.60 lacs made by the Assessing Officer as unexplained credit on account of the share application money. On going through the facts of the case, we notice that assessee has filed the …
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