https://www.taxtmi.com/caselaws?id=259599 The Tribunal set aside the CIT(A)'s order deleting an addition made under Section 68 of the Income Tax Act, 1961, remanding the case for further inquiry into the creditworthiness and genuineness of shareholders. The Tribunal emphasized the need for a detailed and reasoned order addressing defects identified by the A.O. and ensuring submission of relevant documents. The appeal by the Revenue was allowed for statistical purposes. en-us Thu, 16 Apr 2015 00:00:00 +0530 Fri, 15 May 2015 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259599 The Tribunal set aside the CIT(A)'s order deleting an addition made under Section 68 of the Income Tax Act, 1961, remanding the case for further inquiry into the creditworthiness and genuineness of shareholders. The Tribunal emphasized the need for a detailed and reasoned order addressing defects identified by the A.O. and ensuring submission of relevant documents. The appeal by the Revenue was allowed for statistical purposes. Case-Laws Income Tax Thu, 16 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259599