https://www.taxtmi.com/caselaws?id=411282 The appellant's challenge regarding the addition of total share premium by the Assessing Officer was unsuccessful as the CIT(A) upheld the decision due to insufficient evidence proving the genuineness of the transactions and the identity and creditworthiness of the creditors. The Tribunal directed the Assessing Officer to verify the timing of the receipt of the amount in question and set aside the matter for further examination, ultimately allowing the appeal for statistical purposes. en-us Fri, 13 Aug 2021 00:00:00 +0530 Sat, 21 Aug 2021 08:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411282 The appellant's challenge regarding the addition of total share premium by the Assessing Officer was unsuccessful as the CIT(A) upheld the decision due to insufficient evidence proving the genuineness of the transactions and the identity and creditworthiness of the creditors. The Tribunal directed the Assessing Officer to verify the timing of the receipt of the amount in question and set aside the matter for further examination, ultimately allowing the appeal for statistical purposes. Case-Laws Income Tax Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411282