Sec. 68 additions merely relying on statement of person recorded u/s 131 by DIT (Invt.) was unjustified

INCOME TAX: Where addition was made under section 68 on account of bogus accommodation entries in respect of share premium received by assessee, since impugned addition was made merely on basis of statement of a person recorded under section 131 by DIT (Investigation) and there was no any other evidence on record, impugned addition was unjustified

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