https://www.taxtmi.com/caselaws?id=401437 The Tribunal dismissed both appeals filed by the Revenue, upholding the CIT(A)'s decisions. The Tribunal confirmed that the assessee had satisfactorily proved the identity, creditworthiness, and genuineness of the transactions related to share application money. Additionally, the Tribunal agreed that the addition on account of income from undisclosed sources represented double taxation and was unjustified, leading to the deletion of the addition. en-us Tue, 27 Oct 2020 00:00:00 +0530 Mon, 28 Dec 2020 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401437 The Tribunal dismissed both appeals filed by the Revenue, upholding the CIT(A)'s decisions. The Tribunal confirmed that the assessee had satisfactorily proved the identity, creditworthiness, and genuineness of the transactions related to share application money. Additionally, the Tribunal agreed that the addition on account of income from undisclosed sources represented double taxation and was unjustified, leading to the deletion of the addition. Case-Laws Income Tax Tue, 27 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401437