https://www.taxtmi.com/caselaws?id=329726 The Tribunal allowed the appeal partly, granting full depreciation for Plant & Machinery. It deleted certain additions under Section 68 for share applications and unsecured loans based on established identities, genuineness, and lack of positive evidence against means. However, additions were upheld for parties where addresses, confirmations, or inquiries were lacking, emphasizing the importance of thorough documentation and verification in such cases. en-us Mon, 04 Jul 2016 00:00:00 +0530 Fri, 08 Jul 2016 14:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329726 The Tribunal allowed the appeal partly, granting full depreciation for Plant & Machinery. It deleted certain additions under Section 68 for share applications and unsecured loans based on established identities, genuineness, and lack of positive evidence against means. However, additions were upheld for parties where addresses, confirmations, or inquiries were lacking, emphasizing the importance of thorough documentation and verification in such cases. Case-Laws Income Tax Mon, 04 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329726