https://www.taxtmi.com/caselaws?id=331702 The ITAT Delhi allowed the appeal, directing the deletion of the total addition of Rs. 16,11,500 in respect of unexplained cash credit under sec. 68 of the Act. The ITAT found that the Assessing Officer failed to disprove the evidence presented by the assessee, who established the genuineness of the claim with detailed evidence for both cash and cheque transactions. The order was pronounced on 26.07.2016. en-us Tue, 26 Jul 2016 00:00:00 +0530 Wed, 31 Aug 2016 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331702 The ITAT Delhi allowed the appeal, directing the deletion of the total addition of Rs. 16,11,500 in respect of unexplained cash credit under sec. 68 of the Act. The ITAT found that the Assessing Officer failed to disprove the evidence presented by the assessee, who established the genuineness of the claim with detailed evidence for both cash and cheque transactions. The order was pronounced on 26.07.2016. Case-Laws Income Tax Tue, 26 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331702