Held that no cash was deposited, sufficient bank balances and the assesseee need not prove source of the source for the Assessment years prior to 1-4-2013. (AY. 2008-09, 2009-10)
ACIT v. Sur Buildcon Pvt. Ltd (2021) 90 ITR 300 (Delhi)(Trib.) ACIT v. BBN Transportation Pvt. Ltd. (2021) 90 ITR 300 (Delhi) (Trib.) ACIT v. Goldstar Cement Pvt. Ltd. (2021)90 ITR 300 (Delhi)(Trib.)
S. 68 : Cash credits-Share capital and share premium-No cash was deposited-Sufficient bank balances-Need not to prove source of the source.
Good source of legal information.