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Income Tax | Section 68 Inapplicable to Earlier-Year Funds Converted into Preference Shares: ITAT Delhi

11 Sept 2026 · 6d agoBy CA Sandeep Kanoi

ITAT Delhi deleted a Rs.11.24 crore Section 68 addition after finding preference share issues genuine, including venture capital and non-resident investments. The post Section 68 Inapplicable to Earlier-Year Funds Converted into Preference Shares: ITAT Delhi appeared first on TaxGuru .

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