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Case Law Details

Case Name : Fortigo Network Logistics Pvt. Ltd. Vs ACIT (ITAT Bangalore)
Appeal Number : ITA No. 2174/Bang/2019
Date of Judgement/Order : 01/02/2022
Related Assessment Year : 2016-17
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Fortigo Network Logistics Pvt. Ltd. Vs ACIT (ITAT Bangalore)

In the instant case, both the additions, i.e., addition made u/s 56(2)(viib) of the Act and sec.68 of the Act relate to the share premium amount, i.e., both the additions arise out of common issue only. The assessee has

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