https://www.taxtmi.com/caselaws?id=358764 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal regarding the deletion of an addition under Section 68 of the Income Tax Act for unexplained cash credit. The Tribunal found the transaction genuine, supported by proper documentation, and criticized the AO for lacking substantial evidence and procedural lapses. The order of the CIT(A) was upheld, emphasizing the importance of thorough examination of facts and evidence. en-us Mon, 16 Apr 2018 00:00:00 +0530 Wed, 18 Apr 2018 06:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358764 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal regarding the deletion of an addition under Section 68 of the Income Tax Act for unexplained cash credit. The Tribunal found the transaction genuine, supported by proper documentation, and criticized the AO for lacking substantial evidence and procedural lapses. The order of the CIT(A) was upheld, emphasizing the importance of thorough examination of facts and evidence. Case-Laws Income Tax Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358764