ITAT deleted Sec. 68 additions as identity and creditworthiness of share applicant Cos was established

INCOME TAX : Where identity, creditworthiness and genuineness of share applicants were established by assessee, if Assessing Officer was still dissatisfied about source of cash deposited, proper course would be to enquire from such creditor and assess such credit in their hands; addition in hands of assessee was not warranted

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