Production of directors not mandatory to prove genuineness of transaction; Deletes commission addition: ITAT Delhi B & B Sharecom Pvt. Ltd. Vs DCIT, ITA No. 2877/DEL/2024 Facts: 1. During the year, between 24.02.2016 and 19.03.2016, the assessee issued 80,00,000 equity shares of Rs. 10 each, aggregating to Rs. 8,00,00,000. These were subscribed by three…
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