https://www.taxtmi.com/caselaws?id=357876 The Tribunal allowed the appeal of the assessee, concluding that the addition of Rs. 2,35,90,226 under Section 68 was not sustainable. The Tribunal found the identity, creditworthiness, and genuineness of the creditor were adequately proven through documentary evidence and statements. The Tribunal highlighted the audited accounts and genuine trading results, leading to the deletion of the addition. en-us Mon, 26 Mar 2018 00:00:00 +0530 Sat, 31 Mar 2018 07:19:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357876 The Tribunal allowed the appeal of the assessee, concluding that the addition of Rs. 2,35,90,226 under Section 68 was not sustainable. The Tribunal found the identity, creditworthiness, and genuineness of the creditor were adequately proven through documentary evidence and statements. The Tribunal highlighted the audited accounts and genuine trading results, leading to the deletion of the addition. Case-Laws Income Tax Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357876