https://www.taxtmi.com/caselaws?id=373364 The tribunal allowed the revenue's appeal, remanding the matter to the AO for re-examination. The assessee failed to establish the genuineness of transactions before the Ld. AO, but additional evidence was not confronted to the AO, violating natural justice. The tribunal emphasized the need for the assessee to substantiate their position, directing them to support their case for a fair hearing. en-us Wed, 02 Jan 2019 00:00:00 +0530 Fri, 11 Jan 2019 11:05:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373364 The tribunal allowed the revenue's appeal, remanding the matter to the AO for re-examination. The assessee failed to establish the genuineness of transactions before the Ld. AO, but additional evidence was not confronted to the AO, violating natural justice. The tribunal emphasized the need for the assessee to substantiate their position, directing them to support their case for a fair hearing. Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373364