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![Mere Furnishing of Identity of Shareholders is not Sufficient to Discharge Onus u/s 68: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Shareholders.jpg "Mere Furnishing of Identity of Shareholders is not Sufficient to Discharge Onus u/s 68: Madras HC [Read Judgment]")
Mere Furnishing of Identity of Shareholders is not Sufficient to Discharge Onus u/s 68: Madras HC [Read Judgment]
In B.R Petrochem Pvt Ltd v. ITO, the division bench of the Madras High Court held that mere furnishing of identity of shareholders by the asseessee...
![Loss on Sale of Foreign Cars used in the Business of Assessee is ‘Business Loss’: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "Loss on Sale of Foreign Cars used in the Business of Assessee is ‘Business Loss’: Madras HC [Read Judgment]")
