Sponsored
    Follow Us:

Case Law Details

Case Name : ITO Vs Josan Deposits & Advances Pvt. Ltd (ITAT Kolkata)
Related Assessment Year : 2008-09
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

ITO Vs Josan Deposits & Advances Pvt. Ltd (ITAT Kolkata)

First of all we note that the assessee company had issued its shares during the year under consideration at premium to certain companies in lieu of the shares held by the said companies and thus there was no inflow of cash involved in these transactions. And this transactions were entered into in the books of account of the assessee company by way of journal entries and it did not involve any credit to the cash account. The learned CIT DR at the t

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31