https://www.taxtmi.com/caselaws?id=173487 The Tribunal allowed the appeal partly, favoring the assessee on the issue of addition under section 68, as the assessee successfully proved the identity, creditworthiness, and genuineness of the transactions. The Tribunal remanded the issue of deduction under section 80-IA for fresh examination, finding that the AO had not properly examined the relevant material. The Tribunal directed the AO to recalculate the additional interest under section 234B in accordance with the appellate order. en-us Fri, 31 Aug 2007 00:00:00 +0530 Wed, 16 Sep 2015 16:54:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173487 The Tribunal allowed the appeal partly, favoring the assessee on the issue of addition under section 68, as the assessee successfully proved the identity, creditworthiness, and genuineness of the transactions. The Tribunal remanded the issue of deduction under section 80-IA for fresh examination, finding that the AO had not properly examined the relevant material. The Tribunal directed the AO to recalculate the additional interest under section 234B in accordance with the appellate order. Case-Laws Income Tax Fri, 31 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173487