https://www.taxtmi.com/caselaws?id=392844 The High Court declined to interfere with the ITAT's order due to the factual nature of the findings and the absence of a substantial question of law regarding the delay in filing the appeal and addition under Section 68 of the IT Act. The Court upheld the lower authorities' findings, emphasizing the lack of doubt on the creditworthiness of the investor company and the genuineness of the transaction. Consequently, the appeal was dismissed as no substantial question of law arose for consideration. en-us Tue, 18 Feb 2020 00:00:00 +0530 Fri, 28 Feb 2020 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392844 The High Court declined to interfere with the ITAT's order due to the factual nature of the findings and the absence of a substantial question of law regarding the delay in filing the appeal and addition under Section 68 of the IT Act. The Court upheld the lower authorities' findings, emphasizing the lack of doubt on the creditworthiness of the investor company and the genuineness of the transaction. Consequently, the appeal was dismissed as no substantial question of law arose for consideration. Case-Laws Income Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392844