https://www.taxtmi.com/caselaws?id=208633 The High Court upheld the Tribunal's decision to delete the addition of Rs. 1,65,000 under section 68 of the Income Tax Act, finding sufficient evidence to establish the genuineness of the loan from M/s Vardhman Trading Company. The Court dismissed the appeal, affirming the Tribunal's application of the legal principles under section 68 and determining no legal infirmity in the Tribunal's order. en-us Wed, 18 Jan 2012 00:00:00 +0530 Sat, 21 Jan 2012 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208633 The High Court upheld the Tribunal's decision to delete the addition of Rs. 1,65,000 under section 68 of the Income Tax Act, finding sufficient evidence to establish the genuineness of the loan from M/s Vardhman Trading Company. The Court dismissed the appeal, affirming the Tribunal's application of the legal principles under section 68 and determining no legal infirmity in the Tribunal's order. Case-Laws Income Tax Wed, 18 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208633