https://www.taxtmi.com/caselaws?id=411320 The Tribunal allowed the appeal, directing the AO to delete the additions made under section 2(22)(e) due to the absence of incriminating material and the genuine nature of the business transactions. The Tribunal emphasized verifying the appellant's claims using available evidence and overturned the CIT(A)'s decision. en-us Tue, 27 Jul 2021 00:00:00 +0530 Mon, 23 Aug 2021 08:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411320 The Tribunal allowed the appeal, directing the AO to delete the additions made under section 2(22)(e) due to the absence of incriminating material and the genuine nature of the business transactions. The Tribunal emphasized verifying the appellant's claims using available evidence and overturned the CIT(A)'s decision. Case-Laws Income Tax Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411320