Additions Confirmed u/s 68 Due to Assessee's Failure to Prove Transaction Authenticity and Creditors' Loan Capacity.

Additions Confirmed u/s 68 Due to Assessee's Failure to Prove Transaction Authenticity and Creditors' Loan Capacity. https://www.taxtmi.com/highlights?id=29561 The assessee has failed to prove the transaction to be genuine and also failed to establish the capacity of the creditors to advance loan to the assessee. - Additions u/s 68 confirmed - AT en-us Thu, 02 Jun 2016 15:36:15 +0530 Thu, 02 Jun 2016 15:36:15 +0530 TaxTMI RSS Generator Additions Confirmed u/s 68 Due to Assessee's Failure to Prove Transaction Authenticity and Creditors' Loan Capacity. https://www.taxtmi.com/highlights?id=29561 The assessee has failed to prove the transaction to be genuine and also failed to establish the capacity of the creditors to advance loan to the assessee. - Additions u/s 68 confirmed - AT Highlights Income Tax Thu, 02 Jun 2016 15:36:15 +0530 https://www.taxtmi.com/highlights?id=29561