https://www.taxtmi.com/caselaws?id=394883 The Tribunal ruled in favor of the assessee, setting aside the addition of Rs. 5,00,000 made by the Assessing Officer and confirmed by the CIT(A). The Tribunal found that the assessee had provided sufficient evidence to establish the source of the amount and the genuineness of the transaction, leading to the allowance of the appeal. en-us Wed, 04 Mar 2020 00:00:00 +0530 Fri, 27 Nov 2020 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394883 The Tribunal ruled in favor of the assessee, setting aside the addition of Rs. 5,00,000 made by the Assessing Officer and confirmed by the CIT(A). The Tribunal found that the assessee had provided sufficient evidence to establish the source of the amount and the genuineness of the transaction, leading to the allowance of the appeal. Case-Laws Income Tax Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394883