https://www.taxtmi.com/caselaws?id=181145 The Tribunal upheld the addition of Rs. 1,50,000 under section 69, as the appellant failed to prove the genuineness of the transaction and the source of deposit, despite citing lack of maintained books of accounts as a defense. The appeal was dismissed, affirming the CIT(A)'s decision. en-us Tue, 30 Aug 2011 00:00:00 +0530 Fri, 08 Apr 2016 12:09:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181145 The Tribunal upheld the addition of Rs. 1,50,000 under section 69, as the appellant failed to prove the genuineness of the transaction and the source of deposit, despite citing lack of maintained books of accounts as a defense. The appeal was dismissed, affirming the CIT(A)'s decision. Case-Laws Income Tax Tue, 30 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181145