https://www.taxtmi.com/caselaws?id=360242 The High Court upheld the Income Tax Appellate Tribunal's decision to maintain additions of Rs. 28 lakhs and Rs. 16,39,960/- under Section 68 of the Income Tax Act, 1961. The Court found that the appellant failed to provide sufficient evidence to prove the genuineness of transactions related to share application money and an unsecured loan. The Court concluded that the findings were based on a proper appreciation of evidence and documents, dismissing the appeal as no substantial question of law arose. en-us Mon, 07 May 2018 00:00:00 +0530 Sat, 12 May 2018 08:44:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360242 The High Court upheld the Income Tax Appellate Tribunal's decision to maintain additions of Rs. 28 lakhs and Rs. 16,39,960/- under Section 68 of the Income Tax Act, 1961. The Court found that the appellant failed to provide sufficient evidence to prove the genuineness of transactions related to share application money and an unsecured loan. The Court concluded that the findings were based on a proper appreciation of evidence and documents, dismissing the appeal as no substantial question of law arose. Case-Laws Income Tax Mon, 07 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360242