https://www.taxtmi.com/caselaws?id=179475 The Tribunal allowed the appeal, deleting the addition of Rs. 1,02,064 made under section 68 of the Income Tax Act. It held that the genuineness of the transaction was supported by evidence, criticizing the CIT(A) for confirming the addition without sufficient basis. The Tribunal found the addition unjustified and did not address the legal ground due to the deletion of the addition on merit. en-us Fri, 18 Jan 2013 00:00:00 +0530 Wed, 02 Mar 2016 18:02:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179475 The Tribunal allowed the appeal, deleting the addition of Rs. 1,02,064 made under section 68 of the Income Tax Act. It held that the genuineness of the transaction was supported by evidence, criticizing the CIT(A) for confirming the addition without sufficient basis. The Tribunal found the addition unjustified and did not address the legal ground due to the deletion of the addition on merit. Case-Laws Income Tax Fri, 18 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179475