https://www.taxtmi.com/caselaws?id=371985 The Tribunal allowed all appeals, setting aside lower authorities' orders and deleting additions under section 68 of the I.T. Act. Emphasizing the importance of documentary evidence and cross-examination opportunities, judgments favored the assessees, establishing the genuineness of transactions supported by substantial evidence. The Tribunal found the provided documentary evidence sufficient, noting the lack of confrontation with entry operators' statements and referencing supportive precedents. Consequently, additions totaling significant amounts were deleted in favor of the assessees. en-us Wed, 12 Dec 2018 00:00:00 +0530 Sat, 15 Dec 2018 09:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371985 The Tribunal allowed all appeals, setting aside lower authorities' orders and deleting additions under section 68 of the I.T. Act. Emphasizing the importance of documentary evidence and cross-examination opportunities, judgments favored the assessees, establishing the genuineness of transactions supported by substantial evidence. The Tribunal found the provided documentary evidence sufficient, noting the lack of confrontation with entry operators' statements and referencing supportive precedents. Consequently, additions totaling significant amounts were deleted in favor of the assessees. Case-Laws Income Tax Wed, 12 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371985