https://www.taxtmi.com/caselaws?id=372281 The Tribunal set aside the AO's additions under sections 69C and 68 of the Income-tax Act, ruling in favor of the assessee. It held that the assessee had proven the genuineness of the transactions and criticized the AO for inadequate investigations and denial of cross-examination opportunities. The Tribunal emphasized principles of natural justice and cited precedents supporting the deletion of the additions. en-us Wed, 11 Apr 2018 00:00:00 +0530 Thu, 20 Dec 2018 08:16:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372281 The Tribunal set aside the AO's additions under sections 69C and 68 of the Income-tax Act, ruling in favor of the assessee. It held that the assessee had proven the genuineness of the transactions and criticized the AO for inadequate investigations and denial of cross-examination opportunities. The Tribunal emphasized principles of natural justice and cited precedents supporting the deletion of the additions. Case-Laws Income Tax Wed, 11 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372281