https://www.taxtmi.com/caselaws?id=193619 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 28,32,675 made during the assessment year 2008-09, dismissing the department's appeal. The Tribunal found that the assessee had proven the genuineness of the loan received from Shri Pravin Hirji Thakkar for land purchase, as all details were filed and deemed authentic. This case underscores the significance of substantiating transactions in tax disputes and emphasizes the assessee's responsibility to provide evidence to support their claims. en-us Fri, 01 Mar 2013 00:00:00 +0530 Wed, 09 Aug 2017 17:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193619 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 28,32,675 made during the assessment year 2008-09, dismissing the department's appeal. The Tribunal found that the assessee had proven the genuineness of the loan received from Shri Pravin Hirji Thakkar for land purchase, as all details were filed and deemed authentic. This case underscores the significance of substantiating transactions in tax disputes and emphasizes the assessee's responsibility to provide evidence to support their claims. Case-Laws Income Tax Fri, 01 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193619