share premium

  • Income Tax

Addition for share capital / premium not proved to AO’s satisfaction-SC outline emerging principles

Assessee legally obliged to prove receipt of share capital/premium to the satisfaction of AO, failure of which justify addition –…

5 years ago
  • Income Tax

Assessment order u/s 153C will supersede an earlier order passed u/s 143(3) – ITAT allowed additional ground

Assessment order u/s 153C will supersede an earlier order passed u/s 143(3). ITAT allowed the additional ground raised and restored…

6 years ago
  • Income Tax

Section 68 applicability to share premium or share application money upheld by Calcutta HC

Section 68 applicability to share premium or share application money upheld. Section is widely worded to include capital account receipts-Calcutta…

7 years ago