Home › Income-Tax Act › PCIT v. A.I. Developers (P.) Ltd. (2020) 117 taxmann.com 147 (Delhi) (HC) Editorial : SLP of revenue is dismissed due to low tax effect, PCIT v. A.I. Developers (P.) Ltd. (2020) 272 Taxman 105 (SC)

PCIT v. A.I. Developers (P.) Ltd. (2020) 117 taxmann.com 147 (Delhi) (HC) Editorial : SLP of revenue is dismissed due to low tax effect, PCIT v. A.I. Developers (P.) Ltd. (2020) 272 Taxman 105 (SC)

S. 68 : Cash credits-Share application money-Investment was sufficiently explained-Deletion of addition is held to be justified. [S. 69]

Dismissing the appeal  of the revenue the Court held that the assessee has sufficiently explained the source of investment accordingly the order of Tribunal is affirmed. (AY. 2007-08)