https://www.taxtmi.com/caselaws?id=241907 The ITAT confirmed the addition under Section 69A of the Income Tax Act despite no addition under Section 68, based on donations shown in the books of accounts. The ITAT upheld the additions disregarding specific donations raised by the society, finding doubts about the genuineness of transactions and donor creditworthiness. The appellant's arguments on the adequacy of opportunity during assessment were dismissed, and despite evidence submitted, the ITAT confirmed the addition. The ITAT correctly held the appellant liable to pay interest under Sections 234A and 234B, leading to the dismissal of the appeal based on factual determinations. en-us Mon, 13 Aug 2012 00:00:00 +0530 Fri, 03 Jan 2014 19:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241907 The ITAT confirmed the addition under Section 69A of the Income Tax Act despite no addition under Section 68, based on donations shown in the books of accounts. The ITAT upheld the additions disregarding specific donations raised by the society, finding doubts about the genuineness of transactions and donor creditworthiness. The appellant's arguments on the adequacy of opportunity during assessment were dismissed, and despite evidence submitted, the ITAT confirmed the addition. The ITAT correctly held the appellant liable to pay interest under Sections 234A and 234B, leading to the dismissal of the appeal based on factual determinations. Case-Laws Income Tax Mon, 13 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241907