https://www.taxtmi.com/caselaws?id=270811 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and confirming the deletion of the addition of Rs. 16,15,188/- under Section 68 of the Income Tax Act. The Tribunal found that the assessee had adequately explained the nature, identity, and genuineness of the transactions, satisfying the requirements of Section 68. en-us Wed, 28 Oct 2015 00:00:00 +0530 Sat, 16 Jan 2016 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270811 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and confirming the deletion of the addition of Rs. 16,15,188/- under Section 68 of the Income Tax Act. The Tribunal found that the assessee had adequately explained the nature, identity, and genuineness of the transactions, satisfying the requirements of Section 68. Case-Laws Income Tax Wed, 28 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270811