https://www.taxtmi.com/caselaws?id=368892 The Tribunal upheld the CIT(A)'s decision to delete the addition under Section 68 as the assessee proved the genuineness of cash credits. Additionally, the Tribunal agreed with the CIT(A) that the rental income from warehouse facilities should be classified as business income due to the nature of the assessee's activities. The Revenue's appeal was dismissed on both issues. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 08:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368892 The Tribunal upheld the CIT(A)'s decision to delete the addition under Section 68 as the assessee proved the genuineness of cash credits. Additionally, the Tribunal agreed with the CIT(A) that the rental income from warehouse facilities should be classified as business income due to the nature of the assessee's activities. The Revenue's appeal was dismissed on both issues. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368892