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Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita. No.1633/Pun/2017 Assessment Year : 2008-09
145 to Where addition under section 68 was Ltd. Vs. ACIT (2021) 162 made to income of assessee on taxmann.com 9 (Madras) 130 ground that share capital of more than Rs. 316 crores was invested by foreign company in assessee, onus to prove identity, creditworthiness and genuineness of transaction was solely on assessee and merely because statutory approvals