https://www.taxtmi.com/caselaws?id=385379 The Tribunal upheld the CIT(A)'s decision to delete the addition under Section 68, noting that the assessee proved the identity, creditworthiness, and genuineness of transactions. The revenue failed to disprove the claims or provide material evidence. The appeal by the revenue was dismissed, emphasizing the need for thorough investigation and adherence to principles of natural justice in assessment proceedings. en-us Thu, 22 Aug 2019 00:00:00 +0530 Wed, 04 Sep 2019 08:10:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385379 The Tribunal upheld the CIT(A)'s decision to delete the addition under Section 68, noting that the assessee proved the identity, creditworthiness, and genuineness of transactions. The revenue failed to disprove the claims or provide material evidence. The appeal by the revenue was dismissed, emphasizing the need for thorough investigation and adherence to principles of natural justice in assessment proceedings. Case-Laws Income Tax Thu, 22 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385379