https://www.taxtmi.com/caselaws?id=284691 The Tribunal partially allowed the appeal by deleting the trading addition but upheld the disallowance of Rs. 50,000 and the addition of Rs. 3,00,00,000 under section 68 of the IT Act. The decision highlighted the importance of specific defects for rejecting books of account and the significance of thorough investigation and evidence to establish the authenticity of transactions. en-us Tue, 14 May 2019 00:00:00 +0530 Wed, 04 Dec 2019 10:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284691 The Tribunal partially allowed the appeal by deleting the trading addition but upheld the disallowance of Rs. 50,000 and the addition of Rs. 3,00,00,000 under section 68 of the IT Act. The decision highlighted the importance of specific defects for rejecting books of account and the significance of thorough investigation and evidence to establish the authenticity of transactions. Case-Laws Income Tax Tue, 14 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284691