https://www.taxtmi.com/caselaws?id=397255 The Tribunal allowed the appeals of Shri Neetu Nayyar and Smt. Honey Nayyar, deleting the additions made under section 68 of the I.T. Act. The Tribunal emphasized the significance of documentary evidence in establishing the identity, genuineness, and creditworthiness of lenders, following a precedent set in a related case. The issue of reopening assessments was considered academic, with the primary focus being on the validity of the additions made under section 68. en-us Fri, 07 Aug 2020 00:00:00 +0530 Tue, 11 Aug 2020 08:28:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397255 The Tribunal allowed the appeals of Shri Neetu Nayyar and Smt. Honey Nayyar, deleting the additions made under section 68 of the I.T. Act. The Tribunal emphasized the significance of documentary evidence in establishing the identity, genuineness, and creditworthiness of lenders, following a precedent set in a related case. The issue of reopening assessments was considered academic, with the primary focus being on the validity of the additions made under section 68. Case-Laws Income Tax Fri, 07 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397255