https://www.taxtmi.com/caselaws?id=348347 The Court upheld the Tribunal's decisions in favor of the assessee regarding the deletion of additions related to bogus share transactions and undisclosed investment in land. The Court found that the transactions were genuine, supported by detailed evidence, and lacked concrete proof of non-genuineness. As a result, the appeals were dismissed, ruling in favor of the assessee due to the lack of substantial evidence provided by the department to challenge the genuineness of the transactions. en-us Mon, 11 Sep 2017 00:00:00 +0530 Mon, 18 May 2026 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348347 The Court upheld the Tribunal's decisions in favor of the assessee regarding the deletion of additions related to bogus share transactions and undisclosed investment in land. The Court found that the transactions were genuine, supported by detailed evidence, and lacked concrete proof of non-genuineness. As a result, the appeals were dismissed, ruling in favor of the assessee due to the lack of substantial evidence provided by the department to challenge the genuineness of the transactions. Case-Laws Income Tax Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348347