In the result, the appeal filed by the assessee is dismissed
Bench: Shri George Mathan & Shri Rakesh Mishra
50D of the Act. 4. Aggrieved with the order of the Ld. CIT(A), the assessee has filed the appeal before the Tribunal. 5. Rival contentions were heard and the submissions made have been examined. The Ld. AR submitted that the only issue for consideration is whether the share subscription can be covered u/s 56(2)(viia