Madhya Pradesh H.C : once the identity and source of the subscribers of the share is established no addition can be made under section 68 of the Income-tax Act

High Court Of Madhya Pradesh, Indore Bench CIT-II, Indore Vs. Stl Extrusion (P) Ltd. Assessment Year : 2000-01 and 2002-03 Section : 68 Shantanu Kemkar And S.K. Seth, JJ. IT Appeal No. 65 Of 2010 October 25, 2010 ORDER 1. Heard on the question of admission. This is an appeal under section 260A of the…

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