ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. M/S. LINKSTAR PROMOTERS (P) LTD, KOLKATA

In the result, both the appeals of the Revenue are dismissed

Bench: Dr. Manish Borad & Shri Sonjoy Sarma

5 M/s. Linkstar Promoters Pvt. Limited & M/s. Winner Dealtrade Pvt. limited under section 68 read with respect to section 115BBE of the Act towards unexplained share capital and share premium received in the year. Aggrieved, the assessee preferred appeal before the ld. CIT(Appeals). 8. The assessee apart from raising the grounds on merit challenging the additions made