PCIT v. Emm Vee Infrastructures (India) (P.) Ltd. (2020) 114 taxmann.com 194 (All.)(HC) Editor : SLP of revenue is dismissed due to low tax effect, PCIT v. Emm Vee Infrastructures (India) (P.) Ltd (2020) 269 Taxman 470 (SC)

S. 68 : Cash credits-Share capital-Genuineness of identities of investor companies is established-Deletion of addition is held to be justified.

Dismissing the appeal of the revenue the Court held that the asseessee has established the genuineness of identities of investor companies is established.  Deletion of addition by the tribunal  is held to be justified.  (AY. 2009-10)