Commissioner of Income Tax-II Versus MAF Academy P. Ltd. - Income Tax - DELHI HIGH COURT - HC - Issue of share capital camouflage transactions / accommodation entries - Held that - The Assessee company is a private limited company The assessee company has issued share capital including premium of Rs.4,35,00,000/-, out of which only Rs.92,00,000/- was infused from the Directors/family members of the Directors. The remaining share capital had been infused from parties which were completely unr................................... Income Tax - Case Laws
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