https://www.taxtmi.com/caselaws?id=351674 The Tribunal allowed the appeal, deleting the addition of Rs. 28,89,000 to the appellant's income, concluding that the transactions were genuine and supported by credible evidence. The Tribunal found the AO's addition under Section 69C was unsustainable as the funds were traceable to legitimate sources and well-documented. The CIT(A) was criticized for not properly considering the appellant's evidence. The order was pronounced on 27/11/2017. en-us Mon, 27 Nov 2017 00:00:00 +0530 Wed, 29 Nov 2017 07:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351674 The Tribunal allowed the appeal, deleting the addition of Rs. 28,89,000 to the appellant's income, concluding that the transactions were genuine and supported by credible evidence. The Tribunal found the AO's addition under Section 69C was unsustainable as the funds were traceable to legitimate sources and well-documented. The CIT(A) was criticized for not properly considering the appellant's evidence. The order was pronounced on 27/11/2017. Case-Laws Income Tax Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351674