https://www.taxtmi.com/caselaws?id=293150 The Revenue appealed against the ITAT order setting aside additions related to two creditors of the assessee, citing lack of material and insufficient disclosure. The court found that the CIT (A) should have considered the additional evidence submitted under Rule 46 (A) and that the genuineness of transactions and creditworthiness of parties were not adequately proven. The appeal was allowed, setting aside previous orders and ordering a reevaluation based on the additional evidence provided. en-us Mon, 20 Apr 2015 00:00:00 +0530 Tue, 26 Jan 2021 16:08:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293150 The Revenue appealed against the ITAT order setting aside additions related to two creditors of the assessee, citing lack of material and insufficient disclosure. The court found that the CIT (A) should have considered the additional evidence submitted under Rule 46 (A) and that the genuineness of transactions and creditworthiness of parties were not adequately proven. The appeal was allowed, setting aside previous orders and ordering a reevaluation based on the additional evidence provided. Case-Laws Income Tax Mon, 20 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293150