https://www.taxtmi.com/caselaws?id=277994 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 36,75,000 as undisclosed income related to share application money, citing compliance with the Supreme Court's ruling in Lovely Exports case. The Tribunal noted that the assessee provided primary evidence regarding the identities of share applicants, sources of funds, and genuineness of transactions, leading to the dismissal of the Revenue's appeal. en-us Fri, 29 Oct 2010 00:00:00 +0530 Thu, 03 Jan 2019 16:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277994 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 36,75,000 as undisclosed income related to share application money, citing compliance with the Supreme Court's ruling in Lovely Exports case. The Tribunal noted that the assessee provided primary evidence regarding the identities of share applicants, sources of funds, and genuineness of transactions, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 29 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277994