https://www.taxtmi.com/caselaws?id=260130 The ITAT Delhi allowed the Revenue's appeal for statistical purposes, directing the issue of addition of unexplained credits under section 68 of the Income Tax Act to be restored to the AO for further examination. The ITAT emphasized the importance of establishing the genuineness and creditworthiness of transactions, requiring proper adjudication by the AO in line with legal precedents. en-us Thu, 26 Mar 2015 00:00:00 +0530 Wed, 03 Jun 2015 06:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260130 The ITAT Delhi allowed the Revenue's appeal for statistical purposes, directing the issue of addition of unexplained credits under section 68 of the Income Tax Act to be restored to the AO for further examination. The ITAT emphasized the importance of establishing the genuineness and creditworthiness of transactions, requiring proper adjudication by the AO in line with legal precedents. Case-Laws Income Tax Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260130