JOINT COMMISSIONER OF INCOME TAX (OSD) CIRCLE-3, FEROZEPUR vs. MEASAGE OM SONS MARKETING PRIVATE LIMITED, FARIDKOT

In the result, the appeal of the revenue bearing ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

10/- face value and premium of Rs. 93.90/-. The addition was thus made by the AO @ (147.80 – 103.90 i.e., Rs. 43.90 per share). Total addition of Rs. 3,38,60,465/- which works out on 771309 shares @ Rs. 93.90/- which was added back with the total income of the assessee by invoking the provisions of sec 56(2)(viib

SATIA INDUSTRIES LIMITED,MUKTSAR, PUNJAB vs. DCIT, ACIT CIRCLE 1, BATHINDA

In the result, the appeal is partly allowed