https://www.taxtmi.com/caselaws?id=359239 The appeal was allowed for statistical purposes, with the issue remanded back to the Assessing Officer for further examination. The judgment emphasized the necessity of satisfying the criteria of identity, creditworthiness, and genuineness in such cases, highlighting the burden of proof on the assessee and the importance of thorough verification and adherence to legal principles in income tax assessments. en-us Mon, 23 Apr 2018 00:00:00 +0530 Thu, 26 Apr 2018 09:37:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359239 The appeal was allowed for statistical purposes, with the issue remanded back to the Assessing Officer for further examination. The judgment emphasized the necessity of satisfying the criteria of identity, creditworthiness, and genuineness in such cases, highlighting the burden of proof on the assessee and the importance of thorough verification and adherence to legal principles in income tax assessments. Case-Laws Income Tax Mon, 23 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359239