https://www.taxtmi.com/caselaws?id=218612 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 15,00,000 made on account of unexplained cash introduced. The Tribunal found that the identity and genuineness of the transaction were established, and any issues regarding the source of funds should be pursued against the creditor. The Tribunal directed that further action regarding the source of funds be taken against the creditor, affirming the CIT(A)'s order. en-us Mon, 30 Jul 2012 00:00:00 +0530 Wed, 21 Nov 2012 07:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218612 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 15,00,000 made on account of unexplained cash introduced. The Tribunal found that the identity and genuineness of the transaction were established, and any issues regarding the source of funds should be pursued against the creditor. The Tribunal directed that further action regarding the source of funds be taken against the creditor, affirming the CIT(A)'s order. Case-Laws Income Tax Mon, 30 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218612