https://www.taxtmi.com/caselaws?id=217377 The tribunal dismissed the revenue's appeal and affirmed the CIT(A)'s decision to delete the addition of Rs. 15,00,000 based on the thorough analysis of evidence and legal precedents. The tribunal found that the appellant had fulfilled the requirements of section 68 by proving the identity and creditworthiness of the share applicants and the genuineness of the transactions, ultimately upholding the deletion of the addition. en-us Fri, 13 Jul 2012 00:00:00 +0530 Wed, 12 Sep 2012 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217377 The tribunal dismissed the revenue's appeal and affirmed the CIT(A)'s decision to delete the addition of Rs. 15,00,000 based on the thorough analysis of evidence and legal precedents. The tribunal found that the appellant had fulfilled the requirements of section 68 by proving the identity and creditworthiness of the share applicants and the genuineness of the transactions, ultimately upholding the deletion of the addition. Case-Laws Income Tax Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217377