https://www.taxtmi.com/caselaws?id=213834 The Tribunal dismissed the appeal, upholding the Assessing Officer's additions of Rs. 50,00,000 for unexplained share application money and Rs. 9,75,668 for interest earned on bank deposits. The Tribunal found the assessee failed to sufficiently prove the genuineness and creditworthiness of the transactions, leading to the additions being upheld. en-us Fri, 30 Sep 2011 00:00:00 +0530 Wed, 22 May 2013 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213834 The Tribunal dismissed the appeal, upholding the Assessing Officer's additions of Rs. 50,00,000 for unexplained share application money and Rs. 9,75,668 for interest earned on bank deposits. The Tribunal found the assessee failed to sufficiently prove the genuineness and creditworthiness of the transactions, leading to the additions being upheld. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213834