https://www.taxtmi.com/caselaws?id=384663 The High Court dismissed the Revenue's appeal, affirming the ITAT's decisions. The Court held that the AO incorrectly assumed jurisdiction under Section 153C as the documents did not meet the jurisdictional requirement. Additionally, the deletion of the addition under Section 68 was justified, as the Assessee had established the genuineness of the transaction. en-us Fri, 09 Aug 2019 00:00:00 +0530 Sat, 19 Oct 2019 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384663 The High Court dismissed the Revenue's appeal, affirming the ITAT's decisions. The Court held that the AO incorrectly assumed jurisdiction under Section 153C as the documents did not meet the jurisdictional requirement. Additionally, the deletion of the addition under Section 68 was justified, as the Assessee had established the genuineness of the transaction. Case-Laws Income Tax Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384663