https://www.taxtmi.com/caselaws?id=256529 The ITAT upheld the CIT(A)'s decision to delete the addition of unexplained cash creditors in the assessee's income. The ITAT found that the farmers' statements and details provided by the appellant established the genuineness and creditworthiness of the transactions. Despite not all farmers being produced for verification, the ITAT noted the difficulties faced by illiterate farmers and the lack of summons issued by the Assessing Officer. Relying on relevant case laws, the ITAT dismissed the Revenue's appeal, affirming the deletion of the addition. en-us Fri, 16 Jan 2015 00:00:00 +0530 Mon, 16 Feb 2015 09:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256529 The ITAT upheld the CIT(A)'s decision to delete the addition of unexplained cash creditors in the assessee's income. The ITAT found that the farmers' statements and details provided by the appellant established the genuineness and creditworthiness of the transactions. Despite not all farmers being produced for verification, the ITAT noted the difficulties faced by illiterate farmers and the lack of summons issued by the Assessing Officer. Relying on relevant case laws, the ITAT dismissed the Revenue's appeal, affirming the deletion of the addition. Case-Laws Income Tax Fri, 16 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256529