Merely because assessee company had filed all primary evidence, it could not be said that onus on assessee company to establish the credit worthiness of investor companies stood discharge. Assessing Officer was justified in passing assessment order making additions under section 68 for share capital/share premium received by assessee company – SC
Held: The Court/Authorities below did not even advert to the field enquiry conducted by the AO which revealed that in several cases the investor companies...