https://www.taxtmi.com/caselaws?id=296839 The tribunal concluded that the additions made by the Assessing Officer were not sustainable as no incriminating material was found during the search to justify the notice under Section 153A. The tribunal also found that the revenue failed to disprove the genuineness of the transactions under Sections 68 and 69C with sufficient evidence. Therefore, the additions under Sections 68 and 69C were deleted, and the appeal was partly allowed. en-us Mon, 05 Apr 2021 00:00:00 +0530 Mon, 09 Aug 2021 08:52:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296839 The tribunal concluded that the additions made by the Assessing Officer were not sustainable as no incriminating material was found during the search to justify the notice under Section 153A. The tribunal also found that the revenue failed to disprove the genuineness of the transactions under Sections 68 and 69C with sufficient evidence. Therefore, the additions under Sections 68 and 69C were deleted, and the appeal was partly allowed. Case-Laws Income Tax Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296839