https://www.taxtmi.com/caselaws?id=260364 The Tribunal allowed the appeal, deleting the additions under Sections 68 and 69C. The decision was based on substantial documentary evidence proving the genuineness of transactions, which the Revenue failed to rebut. The Tribunal emphasized the importance of concrete evidence in tax assessments and overturned the AO and Ld. CIT(A)'s reliance on presumptions. en-us Wed, 13 May 2015 00:00:00 +0530 Wed, 10 Jun 2015 06:04:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260364 The Tribunal allowed the appeal, deleting the additions under Sections 68 and 69C. The decision was based on substantial documentary evidence proving the genuineness of transactions, which the Revenue failed to rebut. The Tribunal emphasized the importance of concrete evidence in tax assessments and overturned the AO and Ld. CIT(A)'s reliance on presumptions. Case-Laws Income Tax Wed, 13 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260364