https://www.taxtmi.com/caselaws?id=413740 The Tribunal partially allowed the appeal, deleting additions totaling Rs. 2,85,12,276 and Rs. 8,00,000. It found violations of natural justice in the assessment process, deemed the alleged transactions genuine under Section 10(38), and dismissed statement-based additions due to lack of direct evidence linking the assessee. The Tribunal concluded that the additions were unjustified and ordered their deletion. en-us Wed, 13 Oct 2021 00:00:00 +0530 Mon, 18 Oct 2021 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413740 The Tribunal partially allowed the appeal, deleting additions totaling Rs. 2,85,12,276 and Rs. 8,00,000. It found violations of natural justice in the assessment process, deemed the alleged transactions genuine under Section 10(38), and dismissed statement-based additions due to lack of direct evidence linking the assessee. The Tribunal concluded that the additions were unjustified and ordered their deletion. Case-Laws Income Tax Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413740