https://www.taxtmi.com/caselaws?id=375156 The Tribunal allowed the appeals for all assessment years, deleting the additions made by the AO on account of bogus creditors, undisclosed unsecured loans, disallowance under section 40A(3), and undisclosed profit. The Tribunal found that the AO's justifications were lacking in evidence and failed to prove tax evasion, ultimately ruling in favor of the assessee and overturning the additions for all the mentioned issues across the assessment years. en-us Mon, 31 Dec 2018 00:00:00 +0530 Fri, 15 Feb 2019 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375156 The Tribunal allowed the appeals for all assessment years, deleting the additions made by the AO on account of bogus creditors, undisclosed unsecured loans, disallowance under section 40A(3), and undisclosed profit. The Tribunal found that the AO's justifications were lacking in evidence and failed to prove tax evasion, ultimately ruling in favor of the assessee and overturning the additions for all the mentioned issues across the assessment years. Case-Laws Income Tax Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375156