https://www.taxtmi.com/caselaws?id=266349 The ITAT dismissed the Revenue's appeal regarding the disallowance of brokerage/commission expenses and unexplained cash credit addition under section 68. The CIT(A) and ITAT upheld the assessee's explanations, emphasizing the substantial increase in turnover and supporting evidence provided for both issues. The lack of evidence by the Revenue to challenge the genuineness of payments and loans from HUFs led to the deletion of both additions. en-us Fri, 19 Jun 2015 00:00:00 +0530 Mon, 19 Oct 2015 20:35:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266349 The ITAT dismissed the Revenue's appeal regarding the disallowance of brokerage/commission expenses and unexplained cash credit addition under section 68. The CIT(A) and ITAT upheld the assessee's explanations, emphasizing the substantial increase in turnover and supporting evidence provided for both issues. The lack of evidence by the Revenue to challenge the genuineness of payments and loans from HUFs led to the deletion of both additions. Case-Laws Income Tax Fri, 19 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266349