https://www.taxtmi.com/caselaws?id=177752 The Tribunal dismissed the revenue's appeal, upholding the Ld CIT(A)'s decision to delete the addition of Rs. 10,00,000 under section 68 of the Income Tax Act. The appellant provided sufficient evidence, including banking records and documents, to establish the genuineness of the share capital transaction. Judicial precedents cited by the appellant supported their case, and the Tribunal found no grounds to interfere, affirming the deletion of the addition based on the evidence and legal principles applied. en-us Fri, 23 Nov 2012 00:00:00 +0530 Thu, 01 Jun 2017 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177752 The Tribunal dismissed the revenue's appeal, upholding the Ld CIT(A)'s decision to delete the addition of Rs. 10,00,000 under section 68 of the Income Tax Act. The appellant provided sufficient evidence, including banking records and documents, to establish the genuineness of the share capital transaction. Judicial precedents cited by the appellant supported their case, and the Tribunal found no grounds to interfere, affirming the deletion of the addition based on the evidence and legal principles applied. Case-Laws Income Tax Fri, 23 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177752