https://www.taxtmi.com/caselaws?id=293036 The Tribunal upheld the CIT(A)'s decision to delete the addition made under Section 68 of the Income Tax Act, confirming that the assessee provided sufficient evidence to establish the identity, genuineness, and creditworthiness of the shareholders. The Tribunal dismissed the Revenue's appeal, affirming the correctness of the CIT(A)'s order, which was based on a comprehensive evaluation of the evidence. en-us Wed, 31 Jan 2018 00:00:00 +0530 Wed, 20 Jan 2021 13:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293036 The Tribunal upheld the CIT(A)'s decision to delete the addition made under Section 68 of the Income Tax Act, confirming that the assessee provided sufficient evidence to establish the identity, genuineness, and creditworthiness of the shareholders. The Tribunal dismissed the Revenue's appeal, affirming the correctness of the CIT(A)'s order, which was based on a comprehensive evaluation of the evidence. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293036