https://www.taxtmi.com/caselaws?id=392479 The Income Tax Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s findings, ruling in favor of the assessee. The ITAT confirmed the genuineness of loan transactions, leading to the deletion of additions related to unexplained cash credit and expenditure. Additionally, the ITAT upheld the deletion of additions concerning cash deposits and contract income, as the assessee provided comprehensive evidence and explanations. The appeal filed by the revenue was dismissed. en-us Fri, 10 Jan 2020 00:00:00 +0530 Fri, 21 Feb 2020 12:07:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392479 The Income Tax Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s findings, ruling in favor of the assessee. The ITAT confirmed the genuineness of loan transactions, leading to the deletion of additions related to unexplained cash credit and expenditure. Additionally, the ITAT upheld the deletion of additions concerning cash deposits and contract income, as the assessee provided comprehensive evidence and explanations. The appeal filed by the revenue was dismissed. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392479