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iv. The company has huge investments of Rs. 64,64,25,000.
v. The said company has written off GDR issue expenses 01 Rs. 10,10,43 and paid salary and wages of 2,31,46,513.
5.6.1 The above details prove that the company had capacity to make investment in the appellant's company and also issue shares at premium.
5.6.2 Identity was proved by submitting the PAN card and registered address of the said company.
5.6.3 Bank account of the said company reflects the payment made to the appellant company for investing in shares. But there is no entry in bank accounts which reflects that the appellant company has paid back the amount of investment.