https://www.taxtmi.com/caselaws?id=338566 The Tribunal upheld the CIT(A)'s decision to delete the addition of unexplained cash credits for M/s. Wall Street and M/s. Novel, as their financial capacity and transactions were found genuine. However, the addition related to M/s. Ganesh was deleted as the Tribunal found the transactions genuine based on the evidence provided by the assessee. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. The order was pronounced on 30/11/2016. en-us Wed, 30 Nov 2016 00:00:00 +0530 Tue, 07 Feb 2017 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338566 The Tribunal upheld the CIT(A)'s decision to delete the addition of unexplained cash credits for M/s. Wall Street and M/s. Novel, as their financial capacity and transactions were found genuine. However, the addition related to M/s. Ganesh was deleted as the Tribunal found the transactions genuine based on the evidence provided by the assessee. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. The order was pronounced on 30/11/2016. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338566