7 results for “TDS”+ Section 1clear
Sorted by relevance
1) During the assessment proceedings, the identity and creditworthiness of the parties subscribed share capital remained unproved and the genuineness of the transaction was also unproved, therefore, the capital of Rs.55,00,000/- was treated as income from undisclosed sources of the assessee’s company. (2) No information/details in respect of the share application money amounting to Rs.51