https://www.taxtmi.com/highlights?id=24557 Addition u/s 41(1) - The Department having accepted the balances outstanding in the previous year, it was not open by Ld. CIT(A) to confirm the addition on the ground that assessee could not prove the genuineness of the said transactions which were undertaken. - AT en-us Fri, 04 Sep 2015 08:57:57 +0530 Fri, 04 Sep 2015 08:57:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24557 Addition u/s 41(1) - The Department having accepted the balances outstanding in the previous year, it was not open by Ld. CIT(A) to confirm the addition on the ground that assessee could not prove the genuineness of the said transactions which were undertaken. - AT Highlights Income Tax Fri, 04 Sep 2015 08:57:57 +0530 https://www.taxtmi.com/highlights?id=24557