https://www.taxtmi.com/caselaws?id=381574 The Tribunal dismissed the Revenue's appeal, upholding the Ld. CIT(A)'s order quashing the reassessment under Section 147 due to improper service of notice under Section 148 and deleting the addition under Section 68 for unexplained cash credit. The Tribunal found that the assessee had adequately proven the identity, genuineness, and creditworthiness of the transactions, shifting the burden of proof to the Revenue, which failed to provide contrary evidence. en-us Tue, 09 Apr 2019 00:00:00 +0530 Thu, 13 Jun 2019 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381574 The Tribunal dismissed the Revenue's appeal, upholding the Ld. CIT(A)'s order quashing the reassessment under Section 147 due to improper service of notice under Section 148 and deleting the addition under Section 68 for unexplained cash credit. The Tribunal found that the assessee had adequately proven the identity, genuineness, and creditworthiness of the transactions, shifting the burden of proof to the Revenue, which failed to provide contrary evidence. Case-Laws Income Tax Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381574