https://www.taxtmi.com/caselaws?id=398031 The Tribunal upheld the CIT(A)'s findings and dismissed the assessee's appeal, ruling that the addition of Rs. 29,00,000 as income from undisclosed sources under Section 68 of the Income Tax Act was justified. The Tribunal found that the assessee failed to prove the genuineness, creditworthiness, and identity of the loan creditors. The appeal was dismissed on 31/08/2020. en-us Mon, 31 Aug 2020 00:00:00 +0530 Fri, 04 Sep 2020 18:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398031 The Tribunal upheld the CIT(A)'s findings and dismissed the assessee's appeal, ruling that the addition of Rs. 29,00,000 as income from undisclosed sources under Section 68 of the Income Tax Act was justified. The Tribunal found that the assessee failed to prove the genuineness, creditworthiness, and identity of the loan creditors. The appeal was dismissed on 31/08/2020. Case-Laws Income Tax Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398031