https://www.taxtmi.com/caselaws?id=77453 The appeal was dismissed due to the lack of a substantial question of law. The court granted condonation of a 281-day delay in re-filing the appeal. The challenge to the ITAT order on the addition of share capital under Section 68 of the Income Tax Act, 1961, was based on the failure to prove the identity, genuineness, and creditworthiness of share applicants. The court emphasized the burden of proof on the assessee and referenced legal parameters from previous court judgments. The appeal was dismissed as no substantial question of law was found, relying on the decision in Lovely Exports (P) Ltd. en-us Thu, 22 Jul 2010 00:00:00 +0530 Thu, 16 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77453 The appeal was dismissed due to the lack of a substantial question of law. The court granted condonation of a 281-day delay in re-filing the appeal. The challenge to the ITAT order on the addition of share capital under Section 68 of the Income Tax Act, 1961, was based on the failure to prove the identity, genuineness, and creditworthiness of share applicants. The court emphasized the burden of proof on the assessee and referenced legal parameters from previous court judgments. The appeal was dismissed as no substantial question of law was found, relying on the decision in Lovely Exports (P) Ltd. Case-Laws Income Tax Thu, 22 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77453