https://www.taxtmi.com/caselaws?id=392043 The Tribunal allowed all three appeals filed by the assessee, concluding that the additions made by the Assessing Officer and confirmed by the CIT(A) were impermissible. The Tribunal held that the assessee sufficiently proved the genuineness of the transactions and the creditworthiness of the creditors. As a result, the additions were deleted for the assessment years 2010-11, 2011-12, and 2012-13. en-us Fri, 27 Dec 2019 00:00:00 +0530 Tue, 11 Feb 2020 13:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392043 The Tribunal allowed all three appeals filed by the assessee, concluding that the additions made by the Assessing Officer and confirmed by the CIT(A) were impermissible. The Tribunal held that the assessee sufficiently proved the genuineness of the transactions and the creditworthiness of the creditors. As a result, the additions were deleted for the assessment years 2010-11, 2011-12, and 2012-13. Case-Laws Income Tax Fri, 27 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392043