[aaykarbhavan] IT:Share application money can't be deemed as unexplained if identity and creditworthiness of applicants are proved

From: Prarthana Jalan prarthanajalan@ymail.com [lucknow-ca] <
lucknow-ca@yahoogroups.com>
Share application money can't be deemed as unexplained if identity and
creditworthiness of applicants are proved
June 7, 2014*[2014] 45 taxmann.com <http://taxmann.com> 204 (Allahabad)*
IT: No addition could be made under section 68 on account of share
application money received, where assessee had established identity and
creditworthiness of applicant companies and genuineness of transaction


Regards
Prarthana Jalan


------------------------------------
Posted by: Nitesh More <moreassociate@gmail.com>
------------------------------------

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.comYahoo Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/aaykarbhavan/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/aaykarbhavan/join
(Yahoo! ID required)

<*> To change settings via email:
aaykarbhavan-digest@yahoogroups.com
aaykarbhavan-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
aaykarbhavan-unsubscribe@yahoogroups.com

<*> Your use of Yahoo Groups is subject to:
https://info.yahoo.com/legal/us/yahoo/utos/terms/