Tribunal held that net worth chart revealed that all investor entities had sufficient net worth to make investment in assessee-company, accordingly the addition was directed to be deleted. (AY. 2011-12)
Bini Builders (P.) Ltd. v. DCIT (2020) 185 ITD 236/ (2021) 211 TTJ 869/ 203 DTR 334 (Mum.)(Trib.)
S. 68 : Cash credits-Share capital-Investors had sufficient net worth-Addition is held to be not justified.