https://www.taxtmi.com/caselaws?id=293038 The Tribunal upheld the CIT(A)'s decision to delete the addition under Section 68 for most shareholders as the assessee proved identity, creditworthiness, and genuineness. However, the Tribunal remitted the issue of addition for specific entities back to the AO for fresh examination, emphasizing the proviso to Section 68 is not applicable for the assessment year in question. en-us Thu, 31 May 2018 00:00:00 +0530 Wed, 20 Jan 2021 13:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293038 The Tribunal upheld the CIT(A)'s decision to delete the addition under Section 68 for most shareholders as the assessee proved identity, creditworthiness, and genuineness. However, the Tribunal remitted the issue of addition for specific entities back to the AO for fresh examination, emphasizing the proviso to Section 68 is not applicable for the assessment year in question. Case-Laws Income Tax Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293038